Arab Real Estate Investment Co. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was EGP 71.23 million compared to EGP 58.02 million a year ago.

Net income was EGP 13.09 million compared to EGP 6.29 million a year ago. Basic earnings per share from continuing operations was EGP 0.026 compared to EGP 0.053 a year ago. Diluted earnings per share from continuing operations was EGP 0.026 compared to EGP 0.053 a year ago.