Arab Finance: Industrial Engineering Company for Construction and Development (ICON) posted a 12.91% year-on-year (YoY) decline in consolidated net profit in the first half (H1) of 2026, achieving EGP 309.345 million, compared to EGP 355.188 million in H1 2025, as per the firm's financial statement.
Revenue from contracts with customers increased 17.5% YoY to EGP 3.971 billion during the six-month period, compared with EGP 3.389 billion a year earlier.
On a standalone basis, ICON recorded a net loss of EGP 11.827 million in H1 2026, against a net profit of EGP 52.301 million during the corresponding period of 2025.
ICON has been the pioneer leader in cladding for steel constructions and prefabricated buildings in Egypt since its inception in 1977. The company offers its clients a diverse range of high-quality products, from steel construction materials such as pre-painted steel corrugated sheets, steel deck, sandwich panels, and cold store panels to prefabricated building construction of various types.
