Arab Finance: Integrated Engineering Group (INEG) has reported an 82.9% year-on-year (YoY) decrease in net loss after tax during the first quarter (Q1) of 2023, according to a filing to the Egyptian Exchange (EGX) on May 28th.

The company has narrowed its net loss after tax to EGP 203,528 in Q1 2023 from EGP 1.197 million in Q1 2022.

The company recorded EGP 2.343 million in revenue for the three-month period ended March 31^st.

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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