ALICO profits soar to LE5.7 m ending June 2017

Updated 8/14/2017 10:38:22 AM

ArabFinance: Arab Real Estate Investment CO.-ALICO (RREI) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2017, and ending June 30, 2017.

The company posted consolidated net profits of LE5,710,894, versus net profits of LE4,961,785 in the same period a year ago.

Moreover, it posted standalone net profits of LE5,699,103, versus net profits of LE5,068,012 in the same period a year ago.