Cairo – Mubasher: The financial statements of Arab Real Estate Investment (ALICO) showed a 181.73% year-on-year increase in the company's net profits during the first half of 2026.
The company explained in a disclosure to the Egyptian Exchange (EGX) today that it recorded a net profit of EGP 22.5 million during the period from January to the end of June 2026, compared to profits of EGP 7.99 million during the corresponding period of 2025.
The company's sales declined during the first six months of the current year to reach EGP 18.83 million, compared to EGP 35.22 million during the corresponding half of 2025.
