Integrated Engineering’s consolidated loss widens 387% YoY in H1 2024

Updated 9/1/2024 12:53:00 PM
Integrated Engineering’s consolidated loss widens 387% YoY in H1 2024

Arab Finance: Integrated Engineering Group (INEG) registered EGP 3.602 million in consolidated net losses after tax during the first half (H1) of 2024, up 386.8% year on year (YoY) from EGP 740,005, the firm disclosed.

Meanwhile, operating revenues hiked to EGP 22.647 million from EGP 5.311 million.

On July 28th, the group posted EGP 277,439 in standalone net profits after tax during H1 of 2024, versus net losses of EGP 740,005,

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.

 

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