Arab Real Estate Investment Co. announced audited standalone and consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, on standalone basis, the company reported net loss of EGP 1,870,814 against net profit of EGP 3,195,156 a year ago. For the quarter, on consolidated basis, the company reported net loss of EGP 1,671,104 against net profit of EGP 3,195,156 a year ago.