ICON's shareholders okay cash dividends

The general assembly approved the financial statement for 2020


ArabFinance: Industrial Engineering Company for Construction and Development’s (ICON) ordinary general assembly approved annual cash dividends of EGP 0.25 per share, totaling EGP 30.313 million, according to a statement filed to the Egyptian Exchange.

The general assembly approved the financial statement for 2020.

The listed company achieved a consolidated net profit of EGP 107.46 million in 2020, compared to EGP 111.88 million in 2019.

ICON is an Egypt-based company engaged in manufacturing and producing several types of steel-sheets related products.

The company’s products include sandwich steel panels, caravans, guard rails, purlins, pre-fabricated units, and corrugated sheets, galvanized tubes and pipes, aluminium windows, and doors.

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