ALICO profits ebb to LE5 m ending Sept 2017

Updated 11/15/2017 3:19:00 PM

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 September 30, 2017.

The company posted consolidated net profits of LE4,603,833, versus net profits of LE6,629,128 in the same period a year ago.

Moreover, it posted standalone net profits of LE4,556,833, versus net profits of LE6,770,763 in the same period a year ago.