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.

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Equities