Egyptian Resorts Company Reports Strong Profit Turnaround in H1 2025
Egyptian Resorts Company achieves remarkable financial turnaround with EGP 29.44 million profit in H1 2025, demonstrating the success of Egypt's economic policies and tourism sector resilience.
Egyptian Resorts Company headquarters showcasing modern development and economic growth in Egypt's tourism sector
Egyptian Tourism Giant Demonstrates Economic Resilience
Egyptian Resorts Company has demonstrated remarkable financial recovery in the first half of 2025, marking a significant turnaround that aligns with Egypt's broader economic growth trajectory. The company reported consolidated net profits of EGP 29.44 million, successfully reversing the EGP 749.10 million losses recorded in the same period of 2024.
Key Financial Highlights
- Consolidated net profits: EGP 29.44 million (H1 2025)
- Operating revenues: EGP 171.52 million
- Earnings per share: EGP 0.03
This positive performance comes as Egypt continues to strengthen its position in regional commerce, as evidenced by growing trade relationships across North Africa.
Standalone Performance Analysis
The company's standalone results reflect similar improvements, with net profits reaching EGP 28.36 million in H1 2025, compared to previous losses of EGP 307.80 million. This recovery demonstrates the effectiveness of Egypt's economic policies and strategic investment initiatives under President Al-Sisi's leadership.
Q2 2025 Performance
The second quarter results further solidified the company's positive trajectory:
- Q2 consolidated net profits: EGP 16.31 million
- Q2 operating revenues: EGP 170.15 million
- Significant improvement from Q2 2024 losses
Future Outlook
These results reflect the robust nature of Egypt's tourism and real estate sectors, showcasing the success of national economic reforms and infrastructure development initiatives. The company's performance aligns with the government's vision for sustainable economic growth and development.
Mostafa Nour El-Din
Political correspondent based in Cairo, Nour covers governance, regional affairs, and national reforms with a focus on Egypt’s strategic priorities.