TAMEER’s consolidated profit soars 185.7% YoY in H1
Updated 8/31/2022 11:08:00 AM
Arab Finance: Development and Engineering Consultants (TAMEER) (DAPH) posted a 185.73% year-on-year (YoY) increase in consolidated profit attributable to the parent company during the first half (H1) of 2022, recording EGP 22.347 million, according to a financial statement filed to the Egyptian Exchange (EGX) on Wednesday.
Operating revenue rose to EGP 28.883 million in H1 2022 from EGP 9.838 million in H1 2021.
It is worth noting that TAMEER achieved a standalone net profit after tax of EGP 9.66 million in the six-month period that ended June 30th.
Established in 1954 and listed on the EGX in 1996, TAMEER operates within the capital goods sector focusing on construction and engineering.
