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DAPH’s consolidated profits inch up 2% YoY in 9 months

DAPH’s consolidated profits inch up 2% YoY in 9 months

Arab FinanceDevelopment and Engineering Consultants (TAMEER) (DAPH) posted a 1.88% year-on-year (YoY) increase in consolidated profit attributable to the parent company during the first nine months of 2022, according to financial statements filed to the Egyptian Exchange (EGX) on Thursday.

The company’s consolidated profit excluding minority interest edged higher to EGP 15.027 million in nine months to September 30th from EGP 14.75 million a year earlier.

Operating revenues surged to EGP 46.827 million from January to September from EGP 15.038 million the year before.

It is worth noting that the company’s standalone net profit after tax rose to EGP 3.825 million from January to September from EGP 959,522 in the same period a year earlier.

Established in 1954 and listed on the EGX in 1996, TAMEER operates within the capital goods sector focusing on construction and engineering.

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