Egyptian Exchange
Remco Tourism Villages Construction Co · RTVC.CA
Remco Tourism Villages Construction Co is an Egypt-based real estate rental, development & operations business in the real estate sector, listed on the Egyptian Exchange under ticker RTVC.CA. Remco Tourism Villages Construction Co is an Egypt-based entity which is primarily engaged in operating in the tourism and entertainment projects development and construction. Remco Tourism Villages Construction Co through its subsidiaries selects and acquires plots of land, designs the development, sells individual units and retains ownership of public areas such as hotels, landscaped areas, beaches and communal swimming pools, roads, water and sewage treatment plants. Remco Tourism Villages Construction Co’s subsidiaries include Egyptian Tourism Village Construction (ECTV), Orient Tours Hotels and Tourism Villages (OTHV), Tourism International Company (TIC), Remco Real Estate Construction (RREC), Pharonia Trading & Contracting Company (PTC), Empain Tourism Investments Company (ETIC), Scandinavian Tourism Development & Investment Company (STDIC), among others. Its investment profile is best assessed through land bank quality, project delivery, sales velocity, collections, financing costs, and Egyptian property-market demand. Key analysis points include business model clarity, durability of revenue sources, cost control, cash conversion, leverage, shareholder structure, and the consistency of public disclosures over time.
Fundamentals
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