Naeem Holding posted $388.5 thousand consolidated net profit for the first nine months of FY14, against $16.9 million net loss reported in the same period a year earlier.
Standalone financial results showed $5.2 million net profit, versus $21.9 million net loss. The company’s consolidated financial results for H1-14 had shown $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.