ALICO's full-year profit decrease

Updated 3/22/2020 5:27:02 PM

ArabFinance: Arab Real Estate Investment CO.-ALICO (RREI) reported a 34% Year on Year (YoY) decline in its net profit for 2019.

The company posted a net profit of EGP 5.128 million in 2019, compared to EGP 6.866 million in the corresponding year, according to the released financial statement.