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ALICO’s net profits fall 56% YoY in 2024

Arab Real Estate Investment Company (ALICO) generated 56.02% year-on-year (YoY) lower net profits at EGP 5.756 million in 2024

Updated 4/30/2025 8:17:00 AM
ALICO’s profits inch down 4% YoY in Q1 2024

Arab Real Estate Investment Company’s (ALICO) net profits after tax recorded a 4.2% year-on-year (YoY) drop in the first quarter (Q1) of 2024.

Updated 5/28/2024 12:47:00 PM
ALICO’s profits jump 160.4% YoY in 9 months

Arab Real Estate Investment Company (ALICO) (RREI) posted a 160.4% year-on-year (YoY) increase in net profit after tax during the first nine months of 2023, according to financial statements filed to the Egyptian Exchange (EGX) on November 14th.

Updated 11/14/2023 6:29:00 AM
ALICO’s profits soar 91% YoY in H1

Arab Real Estate Investment Company’s (ALICO) (RREI) net profits after tax and non-controlling interest surged 90.8% year on year (YoY) in the first half (H1) of 2023.

Updated 8/15/2023 2:20:00 AM
ALICO turns to profitability in Q1

Founded in 1991, ALICO offers real estate brokerage services; engineering, procurement, and construction for residential and heavy projects.

Updated 5/16/2023 10:07:00 AM