Cairo – Mubasher: Development and Engineering Consultants Company (Tameer) reported a decline of 89% in net profits for the first half of 2016.
The real estate developer saw net profits of EGP 1.88 million in H1-2016, down from EGP 17.2 million for the same period of the previous year.
Tameer saw net profits of EGP 2.69 million in the first quarter of 2016.