Egyptian Resorts Company reported consolidated net losses of EGP 112.57 million for 2023, a stark reversal from EGP 67.50 million in profits the previous year. Earnings per share (EPS) fell to EGP 0.078 from EGP 0.11 in 2022. Despite this, total revenues surged to EGP 333.40 million, up from EGP 116.67 million in 2022. By December 2023, total assets reached EGP 2.94 billion, rising from EGP 2.39 billion annually. On a standalone basis, net profits dropped to EGP 7.36 million from EGP 266.89 million, while revenues climbed to EGP 298.37 million from EGP 103.65 million. EPS for standalone operations collapsed to EGP 0.007 from EGP 0.254. Consolidated losses narrowed to EGP 7.63 million in the first nine months of 2023, compared to EGP 84.85 million in the same period of 2022.