Lecico Egypt’s extraordinary general meeting (EGM) approved the merger of three companies into its business, according to a bourse disclosure issued on June 17th.

Lecico Egypt reported a 149.71% year-on-year (YoY) increase in consolidated profit attributable to the parent company during the first nine months of 2024.

Lecico Egypt’s (LCSW) board has approved the merger of Lecico Ceramic Industries Company, International Ceramics, and European Ceramics into the company.

Lecico Egypt’s (LCSW) consolidated net profits attributable to the parent company jumped 144.4% year on year (YoY) during the first half (H1) of 2024, hitting EGP 627.889 million, versus EGP 256.9 million.

Lecico Egypt’s (LCSW) consolidated net profits attributable to the parent company surged 436.3% year on year (YoY) during the first three months of 2024, hitting EGP 477.534 million, compared to EGP 89.04 million.

Lecico Egypt (LCSW) posted EGP 446.284 million in consolidated net profits attributable to the parent company in 2023, versus net losses of EGP 3.19 million.

Lecico Egypt (LCSW) has decided to distribute 1-for-24 bonus shares, or 3.2 million shares, to shareholders as of January 11th, the company stated on December 31st.

Lecico is an Egypt-based public shareholding company engaged in the manufacture of tiles and sanitary ware products. The company offers its products through three segments: sanitary ware products, ceramic tiles, and brassware.

Lecico Egypt (LCSW) consolidated logged net profits attributable to the parent company during the six months of 2023 of EGP 256.900 million.

Lecico is an Egypt-based public shareholding company engaged in the manufacture of tiles and sanitary ware products. The company offers its products through three segments: sanitary ware products, ceramic tiles, and brassware.

Lecico is an Egypt-based public shareholding company engaged in the manufacture of tiles and sanitary ware products. The company offers its products through three segments: sanitary ware products, ceramic tiles, and brassware.