Cairo - Mubasher: Rowad Tourism Company reported a net profit of EGP 52,500 in the third quarter of 2016, against losses of EGP 1.8 million in the same quarter last year.

Losses reached EGP 1.2 million in the first nine months of the year, compared to losse of EGP 3.4 million in the same period in 2015, the company said in a statement to the Egyptian Exchange (EGX) on Wednesday.