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The financial statements of the Arab Real Estate Investment Company, listed on the Egyptian Stock Exchange, for the first quarter of this year, confirmed the increase in the company’s profits by 121% year-on-year.
The company achieved a net profit of EGP 7,034 million during the period from January to the end of March 2026, compared to a net profit of EGP 3.18 million during the comparative period of 2025, according to the financial statements sent to the Egyptian Exchange today.
The company’s sales reached EGP 16.077 million at the end of March 2026 compared to EGP 24.033 million in the same period of 2025
The company pointed out that its sales amounted to about 16.077 million pounds at the end of March 2026, compared to 24.033 million pounds in the same period of the previous year.
In the same context, the cost of sales fell to 10.607 million pounds during the first quarter of 2026, compared to 22.52 million pounds in the comparative period of 2025.
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