Friday, March 28, 2008

Egyptian for Tourism Resorts reports FY 07 standalone results (27 Mar. 2008)

News

Egyptian for Tourism Resorts reports FY 07 standalone results (27 Mar. 2008)


Arab Finance: The BOD of Egyptian for Tourism Resorts (EGTS.CA) has endorsed, on its meeting held on 27/03/2007, the standalone financial results of the year ended 31/12/2007 which posted net profits after tax of LE 484,347,864, compared against LE 236,207,499 for the same comparable period last year; implying a growth rate of 105 %.

The BoD suggests an earnings distribution equivalent to 20 % of the share's name value pending the company’s GAM approval