Lecico - Egypt (LCSW)

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News

4 February 02:50 PM Lecico Egypt stock is testing important psychological price barrier – Analysis

Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Lecico Egypt has experienced a strong rise in yesterday's session, 3 February 2025, breaking out of a short-term downward trend line. The price is …

Stock Evaluations

5 December 2022 01:25 PM Shareholder ups stake in Lecico Egypt

Cairo – Mubasher: Shareholder Ali Mahmoud Abdel-latif Mahgoub increased his ownership in Lecico Egypt to 5.01% from 3.85% at a total value of EGP 8.81 million. The shareholder purchased 922,700 shares at an average share price of EGP 9.55, …

Mergers and Acquisitions

23 November 2022 02:37 PM Target raises stake in Lecico Egypt for EGP 8.47/shr

Cairo – Mubasher: Target for Real Estate Investment, Development, Agricultural Reclamation, and Tourism Development has raised its stake in Lecico Egypt to 1.33% from 0.48% for EGP 8.68 million. Target purchased 1.02 million shares in Lecico at an …

Mergers and Acquisitions

31 October 2022 00:14 PM Target sells EGP 29.62m worth of shares in Lecico Egypt

Cairo – Mubasher: Target for Real Estate Investment, Development, Agricultural Reclamation, and Tourism Development has cut its stake in Lecico Egypt to 2.25% from 5.98%. Target has sold 2.98 million shares for a total of EGP 29.62 million, …

Real estate

3 October 2022 04:51 PM Rowad Tourism sells EGP 16.34m worth of shares in Lecico Egypt

Cairo – Mubasher: Rowad Tourism has reduced its stake in Lecico Egypt to 3.40% from 5.29% for a total value of EGP 16.34 million. The tourism company sold 1.51 million of its shares in Lecico Egypt at an average price of EGP 10.79 per share, …

Companies Investments

15 September 2022 11:37 AM Rowad Tourism raises stake in Lecico Egypt for EGP 2m

Cairo – Mubasher: Rowad Tourism announced purchasing 204,000 shares in Lecico Egypt for a total value of EGP 1.97 million or an average price of EGP 9.69 per share.   Hence, Rowad Tourism’s stake in Lecico Egypt rose to 5.49% from 4.79%, according …

Companies Investments

8 September 2022 10:35 AM Real Estate Egyptian cuts stake in Lecico Egypt to 0.77%

Cairo – Mubasher: Real Estate Egyptian Consortium has reduced its stake in Lecico Egypt to 0.77% from 2.01% for a total value of EGP 9.15 million. Accordingly, Real Estate Egyptian Consortium sold 994,717 of its shares in Lecico at an average …

Companies Investments

30 August 2022 00:35 PM Rowad Tourism raises stake in Lecico Egypt for EGP 14m

Cairo – Mubasher: Rowad Tourism announced increasing its stake in Lecico Egypt to 3.91% from 2.23%. Hence, Rowad Tourism purchased 1.34 million of Lecico Egypt’s shares for a total value of EGP 13.75 million, equivalent to an average price of EGP …

Companies Investments

23 August 2022 11:16 AM Coronation Africa cuts stake in Lecico Egypt for EGP 16.8m

Cairo – Mubasher: Coronation Africa Frontiers Fund Universal has reduced its stake in Lecico Egypt to 2.57% from 5.05%. Accordingly, Coronation Africa sold 1.98 million shares in Lecico Egypt for EGP 16.76 million at an average price of EGP 8.44 …

Trading Activities

17 July 2022 05:51 PM Target raises stake in Lecico Egypt to 4%

Cairo – Mubasher: Target for Real Estate Investment, Development, Agricultural Reclamation, and Tourism Development has increased its stake in Lecico Egypt to 4% from 3.50%. Target purchased 371,042 shares for a total of EGP 1.71 million, …

Trading Activities

26 May 2022 11:38 AM Lecico Egypt turns to profitability in Q1-22

Cairo – Mubasher: Lecico Egypt recorded consolidated net profits of EGP 33.33 million in the first quarter (Q1) of 2022, against net losses of EGP 14.15 million in the same period of 2021, including minority shareholders' rights. The company …

Financial Results

26 May 2021 00:01 PM Lecico Egypt's loss shrinks 81% in Q1-21

Cairo – Mubasher: The consolidated net losses of Lecico Egypt narrowed by 80.7% year-on-year (YoY) to EGP 14.15 million during the first quarter (Q1) of 2021, compared to EGP 73.41 million, including minority shareholders’ rights. The loss …

Financial Results

2 March 2021 05:38 PM Lecico Egypt's loss narrows 26% in 2020

Cairo – Mubasher: The consolidated net losses of Lecico Egypt shrank by 26% year-on-year (YoY) to EGP 222.4 million in 2020, compared to EGP 300.98 million, including minority shareholders’ rights. The net losses attributable to the equity holders …

Financial Results

14 May 2020 00:46 PM Lecico Egypt's losses balloon 164% in Q1-20

Cairo – Mubasher: Lecico Egypt reported a 163.96% year-on-year (YoY) increase in its consolidated losses during the first quarter of 2020. The company suffered net losses of EGP 73.41 million in the three-month period ended on 31 March, compared …

Financial Results

30 April 2020 00:57 PM Lecico Egypt closes factory, reopens another over COVID-19

Cairo – Mubasher: Lecico Egypt announced the closure of its International Ceramics factory for two weeks after one of its workers tested positive for the novel coronavirus (COVID-19). All staff at the factory were sent home to self-isolate for 14 …

Company News

14 April 2020 11:15 AM Lecico closes Borg El-Arab factory after coronavirus case

Cairo – Mubasher: Lecico Egypt announced the closure of its Lecico for Ceramics Sanitary Ware factory in Alexandria for two weeks after two of its workers tested positive for the novel coronavirus (COVID-19). All staff at the Borg El Arab-based …

Company News

14 November 2019 04:22 PM Lecico Egypt sees 700% higher losses in 9M

Cairo – Mubasher: The consolidated financial statements of Lecico Egypt showed higher losses by 700% at EGP 202.6 million during the period from January to September 2019, including minority shareholders’ rights, compared to EGP 25.3 million a …

Company News

20 August 2019 11:44 AM Lecico Egypt incurs EGP 116m losses in H1-19

Cairo – Mubasher: Lecico Egypt has succumbed to losses during the first half of 2019, the company’s consolidated financial statements showed. The Egyptian firm suffered losses of EGP 115.65 million in the January-June period of 2019, against a …

Financial Results

14 May 2019 03:34 PM Lecico Egypt turns to losses in Q1

Cairo – Mubasher: Lecico Egypt has succumbed into losses during the first quarter of 2019. The Egyptian firm reported net consolidated losses of EGP 27.81 million in the January-March period of 2019, against profits of EGP 24.17 million in the …

Company News

13 November 2018 01:41 PM Lecico Egypt incurs EGP 25.3m loss in 9M

Cairo – Mubasher: Lecico Egypt on Tuesday announced it has turned to losses in the first nine months of 2018, as compared with the same period last year. Net consolidated loss amounted to EGP 25.3 million in the period between January and …

Financial Results

14 August 2018 01:13 PM Lecico Egypt profit down 14.4% in H1

Cairo – Mubasher: Lecico Egypt on Tuesday posted a 14.4% year-on-year decline in consolidated profits for the first half of 2018 due to lower sales. Net profit amounted to EGP 28.88 million in the six-month period ended June, from EGP 33.75 …

Financial Results

14 May 2018 03:20 PM Lecico Egypt profit rises 24% in Q1

Cairo – Mubasher: The financial statements of Lecico Egypt has shown a 23.7% year-on-year increase in consolidated profits for the first quarter of 2018. Net profit totalled EGP 24.17 million in the three-month period ended March 2018, up from EGP …

Financial Results

6 March 2018 03:38 PM Lecico Egypt turns profitable in 2017

Cairo – Mubasher: Lecico Egypt on Tuesday reported turning to profitability on an annual basis last year. The company has achieved a net profit of EGP 37.6 million in 2017, versus a net loss of EGP 47.8 million a year earlier, including minority …

Financial Results

10 January 2018 03:30 PM MubasherTrade upgrades Lecico Egypt PT to EGP 8.35/shr

Cairo - Mubasher: MubasherTrade Research has upgraded their 12-month price target (PT) for Lecico Egypt to EGP 8.35 per share, with a Buy/High Risk recommendation, according to a recent report on Wednesday. The research firm highlighted that the …

Stock Evaluations

12 November 2017 01:09 PM Lecico Egypt’s losses shrink 93% on higher sales Q3

Cairo – Mubasher: Lecico Egypt on Sunday reported a 93% year-on-year decline in net loss in the third quarter of 2017 on the back of higher sales.    The company’s net loss dropped considerably to EGP 3.03 million in the three-month period ended …

Financial Results