Egypt’s Industrial Engineering Company for Construction and Development (ICON) reported a 140pct YoY increase in consolidated net profits for H1 2024, reaching EGP 519.59 mln (USD 10.6 mln), up from EGP 216.32 mln.
The company’s revenues surged to EGP 2.794 bln (USD 57 mln), compared to EGP 1.371 bln in the same period last year, according to the financial statement filed with the Egyptian Exchange (EGX).
ICON, based in Egypt, specializes in manufacturing various steel-sheet-related products. Its product portfolio includes sandwich steel panels, caravans, guard rails, purlins, pre-fabricated units, corrugated sheets, galvanized tubes and pipes, as well as aluminum windows and doors.
1 USD / 48.8 EGP
