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Naeem Holding swings to profit in H1 with $2 mln

Naeem Holding swings to profit in H1 with $2 mln
Naeem Holding
NAHO
0.86% 0.12 0.00
Naeem Holding posted consolidated and standalone financial results for the six-month period that ended on June 30, 2014.
Consolidated financial results showed $2 million net profit, against $15.3 million net loss logged in the same period a year earlier.
Meanwhile, standalone financial results mirrored $75.4 thousand net profit, versus $22.5 million net loss in H1-13.
FY13 net loss had reached $15.209 million, compared with $7.693 million net loss in FY12.