}

Integrated Engineering Group’ net losses shrink by 43% YoY in H1

Updated 8/15/2023 11:21:00 AM
Integrated Engineering Group’ net losses shrink by 43% YoY in H1

Arab Finance: Integrated Engineering Group (IEG) reported a 43.33% year-on-year drop in its net loss after tax in the first half (H1) of 2023, incurring EGP 740,005, compared to EGP 1.305 million, as per the company’s financial statement filed to the Egyptian Exchange (EGX) on August 15th.

Revenues reached EGP 5.310 million in H1 2023, up from EGP 1.029 million in the same period last year.

Established in 2008, Integrated Engineering Group is a steel construction company that offers comprehensive engineering solutions for industrial projects.

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