Egyptian International Tourism Projects Company announced earnings results for the third quarter of 2014. The company reported net profit of EGP 43.48 million (USD 6.08 million/EUR 4.8 million) for the third quarter of the current year, up from EGP 18.7 million for the corresponding period of 2013. Earnings per share (EPS) stood at EGP 0.89, compared to EGP 0.43.

Pre-tax profit for the reported period surged to EGP 65.75 million, from EGP 27.43 million. Net operating profit amounted to EGP 71.12 million, compared to EGP 33.15 million.