Arab Engineering Industries posted net profits of EGP 718,900 for the first quarter of 2015, a decrease of 52% from EGP 1.5 million for the same period of 2014.

The company's net profits reached EGP 4.7 million in 2014, compared with EGP 8 million in the previous year.

The engineering firm is capitalised at EGP 22.7 million, distributed across 6.04 million shares at EGP 3.75 par value each.