Integrated Engineering shrinks losses in 9 months

Updated 11/7/2021 1:35:24 PM

ArabFinance:  Integrated Engineering Group (INEG) incurred a net loss after tax of EGP 327,212 in the first nine months of 2021, down from EGP 3.36 million in the year-ago period, according to the financial indicators filed to the Egyptian Exchange (EGX).

Revenue surged by 551% to EGP 14.77 million in the January-September period of 2021 from EGP 2.26 million in the same period of 2020.

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.