Acrow Misr for Scaffolding and Formwork News - Mubasher Info
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06 May 08:52 PM

Acrow Misr for Scaffolding and Formwork (ACRO)

Last update: 2 May 01:06 PM market time.
0.00
1.71
4.85%
Open 35.29
Previous Close 35.29
High 37.10
Low 35.50
Stock Statistics
Volume 6,544
Turnover 238,118.42
All data are 15 minutes late during market session

News

Photo Archive
23 April 03:22 PM Acrow Misr’s consolidated profit surges to EGP 344m in 2023
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork posted a consolidated net profit of EGP 344.36 million in 2023, up from EGP 113.11 million a year earlier. Revenues surged to EGP 2.55 billion last year from EGP 1.57 billion in 2022, …
Financial Results
Photo Archive
23 November 2023 00:37 PM Acrow Misr’s shareholders nod to EGP 200m dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Acrow Misr for Scaffolding and Formwork approved cash dividends standing at EGP 199.84 million. The dividends amount will be distributed from the company’s 2022 income statements, according …
General Assembly
Photo Archive
2 October 2023 11:01 AM Acrow Misr posts 334.5% surge in H1-23 consolidated profits
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork recorded 334.40% higher consolidated net profits at EGP 235.80 million in the first half (H1) of 2023, versus EGP 54.28 million in H1-22. Sales climbed by 36.70% year-on-year (YoY) to EGP …
Financial Results
Photo Archive
27 July 2023 11:19 AM Acrow Misr records hike in Q1-23 net profits
Cairo – Mubasher: The consolidated net profits after tax of Acrow Misr for Scaffolding and Formwork jumped to EGP 146.79 million in the first quarter (Q1) of 2023 from EGP 23.59 million in Q1-22, including non-controlling interest. Earnings per …
Financial Results
Photo Archive
4 May 2023 04:35 PM Acrow Misr’s consolidated profits exceed EGP 113m in 2022
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork posted EGP 113.11 million in consolidated net profit after tax in 2022, an annual drop from EGP 122.04 million, including minority interest. Basic and diluted earnings per share (EPS) …
Financial Results
Photo Archive
16 November 2022 11:56 PM Acrow Misr sees lower consolidated profits in 9M-22
Cairo – Mubasher: The consolidated net profits after tax of Acrow Misr for Scaffolding and Formwork retreated to EGP 98.24 million in the first nine months (9M) of 2022, compared to EGP 129.51 million in 9M-21, including non-controlling interest. …
Financial Results
18 August 2022 06:55 PM Acrow Misr’s consolidated profits retreat to EGP 56m in H1-22
Cairo – Mubasher: The consolidated net profits after tax of Acrow Misr for Scaffolding and Formwork plummeted to EGP 55.83 million in the first half (H1) of 2022, compared to EGP 88.84 million in H1-21, including minority interest. Acrow Misr …
Financial Results
Photo Archive
24 July 2022 06:56 PM Acrow Misr witnesses lower profits in Q1-22
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork has logged consolidated net profits after tax worth EGP 23.59 million in the first quarter (Q1) of 2022, lower than EGP 61.88 million in Q1-21. Revenues increased to EGP 427.69 million in …
Financial Results
Photo Archive
5 December 2021 11:07 AM Acrow Misr's consolidated profits hike 98% in 9M
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork reported a 98% year-on-year (YoY) surge in consolidated net profits to EGP 128.18 million in the first nine months (9M) of 2021, compared to EGP 64.59 million in the year-ago period. The …
Financial Results
The coupon distribution stands at EGP 1.75 per share
11 October 2021 02:37 PM Acrow Misr's board recommends EGP 96m coupon distribution
Cairo – Mubasher: The board of Acrow Misr for Scaffolding and Formwork has recommended a coupon distribution of EGP 96.34 million for the fiscal year ended 31 December 2021. The coupon distribution stands at EGP 1.75 per share, according to a …
Board of Directors
The revenues surged to EGP 742.77 million in the January-June period
16 September 2021 03:55 PM Acrow Misr's H1 profit surges 141% in unaudited financials
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork reported consolidated net profits of EGP 87.32 million in the first half (H1) of 2021, up 141% year-on-year (YoY) from EGP 36.2 million, including minority shareholders' rights, the …
Financial Results
The revenues grew to EGP 351.41 million in the January-March period
4 July 2021 04:06 PM Acrow Misr reports 101% higher profit in Q1-21
Cairo - Mubasher: Acrow Misr for Scaffolding and Formwork posted consolidated net profits of EGP 61.88 million during the first quarter (Q1) of 2021, up by 101.2% year-on-year (YoY) from EGP 30.75 million, including minority shareholders’ rights.  …
Financial Results
The award is aimed at motivating companies to innovate
22 June 2021 05:09 PM Four companies receive Industrial Innovation Award 2020
Cairo - Mubasher: The Ministry of Trade and Industry organised the closing ceremony of the Industrial Innovation Award 2020 in cooperation with the German Corporation for International Cooperation (GIZ) and the Federation of Egyptian Industries …
Company News
Revenues fell to EGP 449.99 million in the January-June period
25 August 2020 00:05 PM Acrow Misr's H1 profit drops 47%
Cairo – Mubasher: The consolidated financial statements of Acrow Misr for Scaffolding and Formwork showed a 47.3% year-on-year (YoY) decrease in its net profits, logging EGP 38.02 million in the first half (H1) of 2020, compared to EGP 72.25 …
Financial Results
The board decided to increase Acrow Romania's capital
30 March 2020 01:29 PM Acrow Misr to set up new firm in Tunisia
Cairo – Mubasher: The board of directors of Acrow Misr for Scaffolding and Formwork decided to establish a limited liability company in Tunisia. Acrow Misr will own 49% of the company’s capital which stands at $25,000, according to a bourse …
Companies Investments
Revenues went down to EGP 1.09 billion
30 March 2020 00:18 PM Acrow Misr’s net profit drops to EGP 173m in 2019
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork reported a 6.6% year-on-year (YoY) decline in its net profits in 2019, the company’s consolidated financial statements showed. The Egyptian firm’s net profits fell to EGP 172.69 million …
Financial Results
Acrow will not renew the marketing agreement with TranscoAfrica
12 February 2020 05:51 PM Acrow Misr to inaugurate branch in Kenya
Cairo – Mubasher: The board of Acrow Misr for Scaffolding and Formwork issued a decision to open a branch in Kenya under the name of Acrow Formwork East Africa Limited. Moreover, the board approved not to renew the marketing agreement with …
Companies Investments
Revenues slid to EGP 846.1 million in 9M-19
15 December 2019 00:28 PM Acrow Misr sees 52% lower consolidated profit in 9M
Cairo – Mubasher: The consolidated financial statements of Acrow Misr for Scaffolding and Formwork indicated a 52% year-on-year (YoY) decrease in profit over the first nine months of 2019. The profits amounted to EGP 76.8 million during the …
General News
Profit plummeted to EGP 430,980 in Q3
26 November 2019 06:37 PM Acrow Misr posts 43% YoY standalone profit decline in 9M/19
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork has reported a 42.7% year-on-year profit decline during the first nine months of 2019, the company's standalone financial statements showed.  The company’s net profit dropped to EGP 77.55 …
Financial Results
The OGM also approved H1-19’s financial statements
28 October 2019 10:54 AM Acrow Misr to distribute EGP 1.75/shr dividend
Cairo – Mubasher: The ordinary general meeting (OGM) of Acrow Misr for Scaffolding and Formwork Company approved to distribute EGP 1.75 per share as cash dividends to its shareholders. The dividends total EGP 96.34 million distributed on 55.05 …
Cash Dividends
Revenues edged down to EGP 615.4 million
3 October 2019 11:52 AM Acrow Misr’s profit slides to EGP 72m in H1; dividends proposed
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork reported a 42% year-on-year profit decline during the first half of 2019, the company’s consolidated financial results showed.   Net profits plunged to EGP 72.25 million in the six-month …
Financial Results
Revenues slid to EGP 555.22 million
5 September 2019 11:29 AM Acrow Misr posts EGP 77m standalone profit in H1
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork (ACRO) reported a 21.2% year-on-year profit drop during the first half of 2019, the company’s standalone financial results showed. Net profits retreated to EGP 77.13 million in the …
Financial Results
The company’s revenue went down to EGP 332.7m
25 June 2019 09:13 PM Acrow Misr posts 22% profit decline in Q1
Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork(ACRO) has reported a 22.07% year-on-year decline in net profit during the first quarter of 2019, recording EGP 49.013 million. The company’s revenue went down to EGP 332.717 million in …
Financial Results
The capital hike will be implemented through the distribution of 2-for-3 basis bonus shares
5 May 2019 04:14 PM Acrow Misr’s EGM nods to capital hike via bonus shares
Cairo – Mubasher: The extraordinary general meeting (EGM) of Acrow Misr for Scaffolding and Formwork (ACRO) has approved to raise the company’s authorised capital to EGP 1 billion from EGP 500 million. The EGM has also agreed to boost the …
General Assembly
The board proposed the increase of authorised capital to EGP 1 billion
12 April 2019 00:38 AM FRA approves ACRO’s capital-hike disclosure report
Cairo – Mubasher: Egypt’s Financial Regulatory Authority (FRA) on Thursday approved the disclosure report of Acrow Misr for Scaffolding and Formwork’s (ACRO) regarding the increase of the company’s authorised and issued capital, according to a …
Corporate Actions