Arab Real Estate Investment (ALICO) News - Mubasher Info
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Arab Real Estate Investment (RREI)

Last update: 22 July 01:27 PM market time.
2.29
0.16
7.51%
Open 2.13
Previous Close 2.13
High 2.30
Low 2.09
Stock Statistics
Volume 10,878,152
Turnover 24,227,550.00
All data are 15 minutes late during market session

News

The company's revenues reached EGP 40 million in 2019
22 March 2020 05:01 PM ALICO sees EGP 5m net profits in 2019
Cairo – Mubasher: Arab Real Estate Investment Company (ALICO) reported a 25.3% year-on-year (YoY) drop in profits to EGP 5.13 million in 2019 from EGP 6.98 million in 2018, according to the company's financial results for 2019. The company's …
Net profits went up to EGP 3.97 million
13 November 2019 01:36 PM ALICO’s net profit rises 13% in 9M
Cairo – Mubasher: Arab Real Estate Investment Company (ALICO) reported a 13.3% year-on-year profit increase during the first nine months of 2019. Net profits went up to EGP 3.97 million in the January-September period, compared to EGP 3.5 million …
The company’s capital stands at EGP 4.6 billion
22 October 2019 11:57 AM Pioneers Holding appoints Fincorp for fair value estimation
Cairo – Mubasher: Pioneers Holding Company for Financial Investment has appointed Fincorp to conduct the fair value estimation of the company and the other subsidiaries offered for sale. The subsidiary companies include Giza General Contracting …
The OGM decided to renew the board’s term for three years
22 April 2019 03:34 PM ALICO to retain FY18 profits
Cairo – Mubasher: Arab Real Estate Investment Company’s (ALICO) ordinary general meeting (OGM) has rejected the board’s proposal of distributing bonus shares of 1-for-5 basis to shareholders for fiscal year 2018. The OGM decided to retain 2018 …
The capital hike has been financed from ALICO’s retained profits of the previous years
10 April 2019 02:41 PM ALICO approves EGP 49m capital hike via bonus shares
Cairo – Mubasher: Arab Real Estate Investment Company’s (ALICO) board of directors approved to raise the company’s capital by EGP 49.2 million to EGP 295.6 million through bonus shares issue. The EGP 49.2 million capital hike has been financed …
Photo Credit: Arabianeye-Reuters
3 April 2017 05:42 PM ALICO widens losses in Q4
Cairo - Mubasher: The financial statements of Arab Real Estate Investment Company (ALICO) showed a rise in losses in the fourth quarter of last year, according to a bourse filing. Net losses totalled EGP 2.77 million in Q4-16 compared to EGP 2.49 …
ALICO profits up 17% in Q3
14 November 2016 11:49 AM ALICO profits up 17% in Q3
Cairo – Mubasher: Arab Real Estate Investment (ALICO) reported an increase of 17% in net profits for the third quarter of 2016. The company saw net profits of EGP 1.67 million for Q3 – 2016, up from EGP 1.43 million for the same period of the …
Net profit reached EGP 3.2 million ($359,000) in Q1-16 (Photo credit: Arabianeye - Reuters)
29 May 2016 11:11 AM ALICO’s earnings up 139% in Q1
Cairo – Mubasher: Arab Real Estate Investment Company (ALICO) said Sunday that its profits rose in the first quarter of fiscal 2016 by 138.9% year-on-year. Net profit reached EGP 3.2 million ($359,000) in Q1-16, compared to EGP 1.33 million …
The company earlier posted a net profit of EGP 3.8 million in 2015. (Photo credit: Company website)
4 May 2016 11:07 AM ALICO delays general meetings for lack of quorum
Cairo – Mubasher: Arab Real Estate Investment (ALICO) postponed its ordinary and extraordinary general meetings (OGM, EGM) scheduled for Tuesday to today due to the lack of quorum. The OGM will discuss the financial results of the fiscal year 2015 …
The stock quote is 1.4% up (Photo Credit: Reuters)
13 April 2016 11:01 AM ALICO profits rise 9.5% in 2015
Cairo – Mubasher: Arab Real Estate Investment (ALICO) saw a growth in 2015 profits by 9.45% year-on-year to EGP3.8 million from EGP3.5 million, according to the consolidated financial statements. The unconsolidated statements revealed a net profit …
Photo Credit: Arabianeye-Reuters
15 November 2015 00:55 PM ALICO earnings drop 43% in 9 months
Cairo - Mubasher: Arab Real Estate Investment Co.(ALICO) posted a decline of 43.4% to EGP 6.3 million in the first - nine months of 2015, from EGP 11.16 million in the similar period of 2014. ALICO's earnings plunged to EGP 4.9 million in the …
Photo Credit: Arabianeye-Reuters
16 August 2015 00:46 PM ALICO profits slide 27% in H1
Cairo – Mubasher: Arab Real Estate Investment Co. (ALICO) reported a decrease of 27% in net profits for the first half of 2015, as it reached EGP 4.9 million down from EGP 6.7 million for the same period of 2014. ALICO's net profits surged 60.1% …
Photo Credit: Arabianeye-Reuters
2 April 2015 11:09 AM ALICO profits decline 56% in 2014
Arab Real Estate Investment Co. (ALICO) posted consolidated net profits of EGP 3.5 million for 2014, compared with EGP 8 million for the previous year, a decline of 56.3%.Meanwhile, the company reported net profits of EGP 11.156 million in the …
12 August 2014 11:52 AM ALICO posts 4% profit rise in H1-14
Arab Real Estate Investment Co. (ALICO) posted consolidated net profit of EGP 6.7 million for H1-14, with 4% growth year-over-year from EGP 6.4 million.The company’s standalone financial results for H1-14 showed EGP 6.7 million net …