Industrial Engineering Company for Construction and Development reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EGP 711.51 million compared to EGP 592.91 million a year ago. Net income was EGP 140.6 million compared to EGP 24.14 million a year ago.

Basic earnings per share from continuing operations was EGP 0.9667 compared to EGP 0.1667 a year ago.