Arab Finance: Development and Engineering Consultants’ (TAMEER) consolidated profit attributable to the parent company inched up 76.3% year on year (YoY) during the first nine months of 2022, according to the financial statement filed to the Egyptian Exchange (EGX) on November 30th.
The company’s consolidated profits stood at EGP 42.079 million in the nine months to September 30th, up from EGP 23.859 million in the same period of 2022.
Meanwhile, operating revenues climbed to EGP 298.948 million from EGP 46.828 million.
Established in 1954 and listed on the EGX in 1996, TAMEER operates within the capital goods sector focusing on construction and engineering.