Arab Real Estate Investment Co. reports that its consol net profit amounts to EGP 5.7 mn during the first half of 2017 compared to EGP 5 mn in the same period a year previously, Invest-Gate reports.

Meanwhile, the real estate developer announces that consol sales hit EGP 18.1 m in H1 of 2017 compared to EGP 15.7 mn in the same period in the previous-year period.

In addition, the company’s standalone net profit totaled EGP 5.7 mn in H1 of 2017 compared to EGP 5.1 mn in the same period one year prior, it says in a statement.