TAMEER turns to profitability in H1

Updated 9/12/2021 11:15:28 AM

ArabFinance: Development and Engineering Consultants (TAMEER) (DAPH) has turned to profits in the first half (H1) of 2021, with a net profit attributable to the parent company of EGP 10.73 million, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

It is worth noting that the company incurred a net loss before minority interest of EGP 2.34 million in H1 2020.

Earning per share (EPS) amounted to EGP 0.37 in H1 2021, versus a loss per share of EGP 0.17 in the year-ago period.

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