Raya Holding for Financial Investment announced consolidated and standalone earnings results for the year 2019. The company suffered net losses of EGP 85.103 million last year, against net profits EGP 89.122 million, including minority shareholders' rights. Revenues rose to EGP 8.76 billion in 2019 from EGP 7.909 billion a year earlier. As for standalone business, the firm reported net profits of EGP 59.28 million in 2019, up from EGP 22.952 million in the previous year.