Industrial Engineering Co for Construction and Development (ICON
) (ENGC) will distribute cash dividends of EGP 0.30 per share on June 3rd
, according to the company’s May 10th
statement filed the Egyptian Exchange.
The company stated the dividend will be disbursed to the shareholders recorded on May 31st.
ICON posted consolidated net profit EGP 150,043,079 in 2019, a 60% decline from EGP 374,558,671 achieved a year earlier.
Nevertheless, standalone net profit reached EGP 55,488,864 in 2019, a 52% climb from EGP 36,586,797 posted in 2018.
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, and aluminium windows and doors.
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