ArabFinance: First Investment Company and Real Estate Development (FIRE) recorded a net profit after tax of EGP 5.86 million in 2021, up from EGP 1.78 million in 2020, according to the company’s financial income statement filed to the Egyptian Exchange (EGX).
Net revenue amounted to EGP 16.27 million last year, compared to revenue of EGP 8.30 million in 2020.
Established in 2008, First Investment Company operates within the real estate sector focusing on diversified real estate activities.