The Industrial and Engineering Enterprise Company (IEEC), listed on the Egyptian Exchange, has announced strong financial results for 2025, with revenues reaching EGP 720 million. This represents a 174% increase from the previous year.
The board of directors of the Industrial and Engineering Enterprise Company (IEEC) has approved the financial statements for the fiscal year ending December 31, 2025. The results show significant improvements in the company's financial and operational performance. Founded in 1952, IEEC operates in construction, engineering projects, and related industrial sectors, and is listed in the Capital Goods, Engineering, and Construction sector on the Egyptian Exchange.
In 2025, the company recorded total revenues of approximately EGP 720 million, a 174% increase from the previous year, reflecting its expansion in project execution and new contracts. Gross operating profit reached EGP 51 million, up 1,261% from EGP 3.7 million in 2024, indicating enhanced operational efficiency and higher project execution rates.
Net profitability also improved, with profit before tax at EGP 35.5 million, nearly double the EGP 18 million from the prior year. Total assets exceeded EGP 1 billion for the first time, underscoring sustained growth in operations and asset base.
Mahmoud Farag, Chairperson of IEEC, stated: "The 2025 results reflect the company’s strategy to expand its industrial, engineering, and infrastructure projects, secure new contracts, and improve resource management, positioning IEEC for sustainable growth in the years ahead."
The board emphasized that IEEC will continue to enhance its project portfolio and expand its domestic and international presence, particularly in infrastructure and related industrial projects, to reinforce its position as a leading Egyptian company in the sector and increase shareholder value.