ArabFinance: Integrated Engineering Group (INEG) reported a 97% Year on Year increase in its net loss in the first half (H1) of 2020, according to the company’s August 11th financial statements filed to the Egyptian Exchange.
Net loss stood at EGP 2,960,816 in H1 2020, compared to EGP 1,502,102 incurred in H1 2019.
The company suffered a net loss of EGP 2,504,431 in 2019, against a net profit of EGP 721,355 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.