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, 2018, and ending March 31, 2018.
The company posted consolidated net profits of LE3,152,631, versus net profits of LE1,671,104 in the same period a year ago, taking into account the minority rights.
Moreover, it posted standalone net profits of LE3,309,343, versus net profits of LE1,870,814 in the same period last year.