Egyptian Co. for International Touristic Projects 9-month profits fall to 16.6mn pounds

Egyptian Company for International Touristic Projects (ECITP) reported Monday a fall in its consolidated net profits after tax to reach 16.6 ‍​million Egyptian pounds ($940,976 million) during the first nine months of 2017.

Earlier, profits stood at 171.3 ‍​million during the first nine months of 2016.

The company made revenues worth 2.48 billion pounds from 2.19 billion pounds last year.

Source: Reuters