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Integrated Engineering Group profits decline 61% in 2015

Integrated Engineering Group profits decline 61% in 2015
Photo Credit: Arabianeye - Reuters

Cairo – Mubasher: Integrated Engineering Group reported a decrease of 61% in net profits for the year ended 31 December 2015.

The company saw net profits of EGP 220,000 in 2015, down from EGP 563,000 a year earlier.

Meanwhile, the company’s revenues went up 6% to EGP 12.76 million, compared with EGP 12.04 million.