Egyptian exchange-listed company, Real Estate Egyptian Consortium (AREH), announces the nine- month- standalone- net profit after tax amounts to EGP 26 mn as opposed to its EGP 35.8 mn of last year, Invest-Gate reports.

According to its statement on the Egyptian Stock Market, the company adds that its revenues within the same nine-month-period the nine month amounts to EGP 14.6 mn, compared to EGP 29.1 mn of last year.

The company operates within the real estate sector, focusing on retail real estate investment trust. It has one subsidiary operating across Egypt, working on real estate development.