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 cost of the contract is valued at EGP 60 million, ICON said in a statement to the Egyptian Exchange (EGX) on Thursday.

During the first quarter of 2019, the company’s profits amounted to EGP 6.84 million, compared to EGP 15.84 million in the year-ago period.