Cairo – Mubasher: Arabia Investments Holding on Sunday announced profits worth EGP 40.5 million during the period from January to September of 2019, recording a 37% decline, compared with EGP 64.33 million in the same period last year, consolidated financial statements showed.

Revenues leapt to EGP 963.6 million over the nine-month period when compared to EGP 72.8 million in the corresponding period in 2018, according to a bourse statement.

Meanwhile, business costs surged to EGP 758.8 million up from EGP72.89 million a year ago.

As for the standalone financials, the company realised losses of EGP 3.02 million between January and September, down from EGP 7.08 million in the same period in the previous year.