Egypt’s Misr Hotels Q1 profit hits 37.6 mln pounds

Egypt’s state-run Misr Hotels Company reported Wednesday first-quarter net profit after tax worth 37.6 ‍​million Egyptian pounds ($2.1 million).

Earlier, losses stood 2.7 million pounds during the first quarter of 2016.

The company made revenues estimated at 102.3 million higher from12.1 million last year. Source: Reuters