ArabFinance: Integrated Engineering Group (INEG) reported a 219% Year on Year increase in its net loss in Quarter one (Q1) of 2020, according to the company's June 15th financial statements filed to the Egyptian Exchange.
Net loss stood at EGP 1,877,661 in Q1 2020, compared to EGP 588,313 incurred in Q1 2019.
The company suffered a net loss of EGP 2,504,431 in 2019, against a net profit of EGP 721,355 achieved in 2018.
Integrated Engineering Group is an Egypt-based public company listed on the EGX in 2014. The company operates within the capital goods sector focusing on construction and engineering.