May 16, 2017 / 7:51 AM / 4 months ago

BRIEF-Orascom Hotels and Development posts Q1 consol profit

May 16 (Reuters) - Orascom Hotels and Development:

* Q1 consol net profit EGP 75.9 million versus loss of EGP 118 million year ago

* Q1 consol revenue EGP 493.9 million versus EGP 284.1 million year ago

* In Fayoum, new products with a total inventory of EGP 60.5 million in Q2, 2017 will be launched

* Plans to launch a new project with an expected inventory of $ 25 million Source:(bit.ly/2pPZA0N)

:(bit.ly/2pFaLxs) Further company coverage:

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