January 23, 2021 19:48


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News


(2016-05-16) Orascom Hotels turns to loss in Q1/2016 by LE118 m
Orascom Hotels and Development (ORHD) announced financial results for the fiscal period from 01/01/2016 till 31/03/2016. It revealed the company incurred consolidated net loss of LE 117,990,061 against posting net profit of LE 47,194,412 in the same period a year ago. Moreover, it incurred net loss of LE 49,309,435against posting net profit of LE 90,457,259 in the same period a year ago.