TAMEER records EGP 9.6M standalone profit in H1

Updated 8/16/2022 1:37:00 PM

Arab FinanceDevelopment and Engineering Consultants (TAMEER) (DAPH) achieved a standalone net profit after tax of EGP 9.66 million in the first half (H1) of 2022, according to the standalone financial income statement filed to the Egyptian Exchange (EGX) on August 16th.

It is worth noting that the company incurred a net loss after tax of EGP 2.67 million in H1 2021.

Moreover, the company generated operating revenues of EGP 28.88 million in the first six months of 2022, up from EGP 9.83 million 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.