Real Estate Egyptian Consortium announced unaudited consolidated earnings results for the period ended 31 December 2019. For the year, the company's consolidated net profits increased to EGP 39.371 million, compared to EGP 11.024 million in 2018. The company's revenues surged by 276.65% to EGP 79.482 million in the twelve-month period ended 31 December 2019, compared to EGP 21.102 million a year earlier. As for standalone business, the company reported a net profit of EGP 39.371 million in 2019, up from EGP 11.024 million in the previous year.