TAMEER turns profitable in Q1
Updated 6/19/2022 11:53:13 AM
Arab Finance: Development and Engineering Consultants (TAMEER) (DAPH) has turned to profitability in the first quarter (Q1) of 2022, according to the consolidated financial income statement filed to the Egyptian Exchange (EGX) on June 19th.
The company recorded a consolidated net profit attributable to the parent company of EGP 11.28 million in Q1 2022, versus a net loss of EGP 24,509 in Q1 2021.
Operating revenues amounted to EGP 12.59 million in the first three months of 2022, up from EGP 5.74 million in the same period last year.
Established in 1954 and listed on the EGX in 1996, TAMEER operates within the capital goods sector focusing on construction and engineering.
