Industrial Engineering Company for Construction and Development (ENGC)

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) logged a consolidated net profit of EGP 449.08 million in the first quarter (Q1) of 2024 from EGP 173.25 million in Q1-23. Revenues from contracts with …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) reported a net consolidated profit after tax of EGP 423.59 million in 2023, up from EGP 145.41 million the year before. Revenues surged to EGP 3.62 billion …

Cairo – Mubasher: The consolidated net profit after tax and the minority of Industrial Engineering Company for Construction and Development (ICON) hit EGP 338.96 million in the first nine months (9M) of 2023. The recorded net profits were higher …

Cairo – Mubasher: Prefabricated Buildings Development Industrial Company, a 100%-owned subsidiary of the Egypt-based listed Industrial Engineering Company for Construction and Development (ICON), has penned a contract to develop a project in Saudi …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) posted consolidated net profits after tax valued at EGP 267.61 million in the first half (H1) of 2023. The recorded profits were higher than EGP 72.20 million …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) obtained the shareholders’ approval to increase the issued and paid-up capital to EGP 582 million from EGP 485 million. The shareholders greenlighted the …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON), listed on the Egyptian Exchange (EGX), said that its subsidiary Prefabricated Buildings Development Industrial Co. Saudi Arabia won a contract for the NEOM …

Cairo – Mubasher: The Industrial Engineering Company for Construction and Development (ICON) announced establishing a new subsidiary in Saudi Arabia with SAR 5 million issued capital. The new company will manufacture, deliver, and install …

Cairo – Mubasher: The board of directors of Industrial Engineering Company for Construction and Development (ICON) agreed to establish a company as per the regulating laws in Saudi Arabia with capital of SAR 5 million. The new company will …

Cairo – Mubasher: The consolidated net profits of Industrial Engineering Company for Construction and Development (ICON) hiked by 127% year-on-year (YoY) to EGP 116.41 million in the first nine months (9M) of 2021, compared to EGP 51.23 million. …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) reported consolidated net profits of EGP 91.66 million in the first half (H1) of 2021, up by 153% year-on-year (YoY) from EGP 36.2 million.  The profits …

Cairo - Mubasher: The consolidated net profits of Industrial Engineering Company for Construction and Development (ICON) surged by 144% year-on-year (YoY) to EGP 55.34 million in the first quarter (Q1) of 2021, compared to EGP 22.66 million, …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) submitted a request to the Egyptian Exchange (EGX) to halt trading on its shares as of the trading session on 14 June. The company asked for trading …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) reported consolidated net profits of EGP 36.2 million in the first half (H1) of 2020, down by 55.04% year-on-year (YoY) from EGP 82.04 million, including …

Cairo – Mubasher: The consolidated financial statements of the Industrial Engineering Company for Construction and Development (ICON) reported net profits of EGP 22.66 million in the first quarter of 2020, down by 56.8% year-on-year (YoY) from EGP …

Cairo – Mubasher: The ordinary general meeting (OGM) of the Industrial Engineering Company for Construction and Development (ICON) approved the cash dividend distribution proposed by the board of directors. The company’s shareholders agreed to …

Cairo – Mubasher: The consolidated profit of the Industrial Engineering Company for Construction and Development (ICON) shrank by 78% year-on-year (YoY) to stand at EGP 79.9 million during the January-September period of 2019 from EGP 357.74 …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) posted a 76.6% year-on-year profit decline during the first half of 2019, the company’s consolidated financial statements showed. Net profits dipped to EGP …

Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee approved increasing the capital of the Industrial Engineering Company for Construction and Development (ICON) by EGP 60.8 million. The company’s capital will be raised to EGP 485 …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) has announced that it started the procedures required for the acquisition of Sun Infinite Energy (SIE). ICON is planning to acquire 80% of SIE’s issued …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) announced signing a supply and installation contract for subsistence units with Petroleum Projects and Technical Consultations Co. (Petrojet).     The total …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) announced that the first phase of its issued capital increase has been covered by 93.85%. About 14,280 shares were subscribed during the first phase of …

Cairo – Mubasher: The shareholders of the Industrial Engineering Company for Construction and Development (ICON) approved the board’s recommendation of not distributing dividends for fiscal year 2018 due to retained losses. The ordinary general …

Cairo – Mubasher: Industrial Engineering Company for Construction and Development’s (ICON) profits for the first quarter of fiscal year 2017 increased by 116.5% to EGP 28.95 million, compared to EGP 13.37 million for Q1-16. Revenues for Q1-17 grew …

Cairo – Mubasher: The ordinary general meeting (OGM) of Industrial Engineering Company for Construction and Development (ICON) has approved to distribute 0.75 bonus share for each ordinary share. Meanwhile, the extraordinary general meeting (EGM) …