ArabFinance: Industrial and Engineering Enterprises Co’s (IEEC) net profits after tax dropped to EGP 3.001 million in 2021, from EGP 149.733 million in 2020, according to financial statements filed to the Egyptian Exchange (EGX) on Thursday.
Operating revenue grew to EGP 137.504 million in 2021, from EGP 102.695 million in 2020.
Industrial and Engineering Enterprises undertakes public contracting activities and specifically civil constructions as well as supplying and assembling mechanical and electrical equipment for water draining, drinking water stations, irrigation and subterranean drainage.