TAMEER profit falls to EGP 18M
Updated 3/14/2021 10:22:00 AM
ArabFinance: Development and Engineering Consultants’ (TAMEER) (DAPH) consolidated net profit declined to EGP 18.14 million in 2020, from EGP 47.68 million in 2019, the company stated in a statement to the Egyptian Exchange on March 14th.
The company’s standalone net loss reached EGP 3.16 million in 2020, versus a net profit of EGP 49 million in the prior year.
The listed company incurred a consolidated net loss of EGP 13.37 million during the first nine months of 2020, against a net profit of EGP 14.28 million in the same period of 2019.
Established in 1954 and listed on the EGX in 1996, TAMEER operates within the capital goods sector focusing on construction and engineering.
