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Naeem’s profits reach $1 Million

Naeem Holding for Investments (NAEEM), Egypt, reported profits of USD 1.57 million in 2021, compared to a net loss of $1.38 million during the previous year.

The company’s revenues increased during the past year to record USD 20.76 million at the end of December, compared to $17.35 million in 2020.

It also recorded a net profit of $1.7 million from January to September, compared to profits of USD 652.35 during the same period of last year.