Arabia Investments, Development, Financial Investment Holding Co. board approved company's consolidated financial statements for the fiscal period ended December, 2013. The company witnessed remarkable recovery in FY13 financial results with EGP 34.5 million net profits, compared with EGP 2.4 million in FY12 with increase by 1338%. The board also approved amending companies net earnings figures for FY12 to be EGP 2.4 million instead of EGP 44.1 million with a difference of a round EGP 41.7 million, also the deferred earning has been amended to become EGP 160.5 million instead of 202.3 million.