Industrial, Engineering Enterprise Reports EGP 720M In Revenue For 2025

(MENAFN- Daily News Egypt) Industrial and Engineering Enterprise Company (IEEC), listed on the Egyptian Exchange, announced that its board of directors approved the financial statements for the fiscal year ending December 31, 2025. The results reveal a significant surge in the company's financial and operational performance.

Founded in 1952, IEEC is one of Egypt's long-established companies operating in construction, engineering projects, and related industrial sectors. The company executes infrastructure and civil construction projects and is listed under the Capital Goods, Engineering, and Construction sector on the Egyptian Exchange.

In 2025, IEEC recorded total revenues of approximately EGP 720m, representing a 174% increase compared to the previous year, reflecting the company's expansion in project execution and new contracts.

Operating profits also saw remarkable growth, with gross operating profit reaching EGP 51 million, up from EGP 3.7m in 2024-a staggering 1,261% increase-highlighting improved operational efficiency and higher execution rates across projects.

On the net profitability front, the company posted profit before tax of EGP 35.5m, nearly double the EGP 18m achieved in the prior year.

The company's strong performance extended to its financial position, with total assets surpassing EGP 1bn for the first time, reflecting sustained growth in operations and asset base. IEEC plans to further strengthen its financial position through liquidity-generating and operational assets in the coming years.

Mahmoud Farag, Chairperson of IEEC, stated that the 2025 results reflect the company's strategy to expand its industrial, engineering, and infrastructure projects, secure new contracts, and improve resource management, positioning IEPC for sustainable growth in the years ahead.

The board highlighted that IEEC will continue to enhance its project portfolio and expand its domestic and international presence, particularly in infrastructure and related industrial projects, reinforcing its position as a leading Egyptian company in the sector and increasing shareholder value.

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