Remco Tourism Villages Construction announced consolidated earnings results for the second quarter and first half ended June 30, 2019 and standalone earnings results for the first half ended June 30, 2019. As for the second quarter of 2019, the company logged a profit of EGP 66.48 million, against a loss of EGP 8.1 million in same period a year ago. In the second quarter of 2019, the company generated revenues from the real estate sector of EGP 254.59 million. The company reported a net profit of EGP 2.6 million in the six-month period ended 30 June, versus a loss of EGP 78.14 million in the corresponding period a year earlier. At the level of standalone business, Remco previously reported a loss of EGP 130.85 million in the six-month period ended 30 June, compared to EGP 82.06 million in the year-ago period.