Sues Canal Company For Technology Settling (SCTS)

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News

23 June 12:52 PM Suez Canal Technology’s shareholders greenlight EGP 11/shr dividends

Cairo - Mubasher: The shareholders of Suez Canal Company for Technology Settling approved a cash dividend of EGP 11.25 per share for the fiscal year (FY) that ended on 31 August 2025. The payout will be made within one month from the date of the …

Cash Dividends

10 November 2024 03:40 PM Suez Canal Technology logs EGP 1.3bn consolidated profits in FY23/24

Cairo – Mubasher: The consolidated net profits of Suez Canal Company for Technology Settling hiked to EGP 1.32 billion in fiscal year (FY) 2023/2024 from EGP 860.81 million in FY22/23. The EGX-listed firm posted revenues amounting to EGP 2.07 …

Financial Results

21 April 2024 05:07 PM Suez Canal Technology delivers growth in H1-23/24 financial results

Cairo – Mubasher: Suez Canal Company for Technology Settling achieved consolidated net profits after tax amounting to EGP 716.75 million in the first half (H1) of fiscal year (FY) 2023/2024. The recorded net profits were higher year-on-year (YoY) …

Financial Results

16 January 2024 01:02 PM Suez Canal Technology’s consolidated profits exceed EGP 545m in Q1-23/24

Cairo – Mubasher: The consolidated profits after tax of Suez Canal Company for Technology Settling increased to EGP 545.17 million in the first quarter (Q1) of fiscal year (FY) 2023/2024 from EGP 411.03 million in Q1-22/23. Basic earnings per …

Financial Results

29 October 2023 10:03 AM Suez Canal Technology records hike in FY22/23 results; dividends unveiled

Cairo – Mubasher: Suez Canal Company for Technology Settling posted consolidated net profits after tax valued at EGP 860.81 million during fiscal year (FY) 2022/2023, an annual hike from EGP 597.30 million, including non-controlling interest. The …

Board of Directors

13 July 2023 05:23 PM Suez Canal Technology posts higher net profits in 9M-22/23

Cairo – Mubasher: The consolidated net profits after tax of Suez Canal Company for Technology Settling hit EGP 774.91 million during the first nine months (9M) of fiscal year (FY) 2022/2023. The recorded net profits were higher year-on-year (YoY) …

Financial Results

19 April 2023 00:46 PM Suez Canal Technology logs EGP 608.5m consolidated profits in H1-22/23

Cairo – Mubasher: Suez Canal Company for Technology Settling posted consolidated net profits after tax worth EGP 608.40 million during the first half (H1) of fiscal year (FY) 2022/2023, an annual hike from EGP 456.04 million, including minority …

Financial Results

16 January 2023 10:46 AM Suez Canal Technology sees higher profits in Q1-FY22/23

Cairo – Mubasher: The consolidated profits of Suez Canal Company for Technology Settling netted EGP 411.03 million during the first quarter (Q1) of fiscal year (FY) 2022/2023, compared to EGP 285.55 million in the year-ago quarter. Basic earnings …

Financial Results

24 October 2022 01:31 PM Suez Canal Technology reports 10% lower consolidated profits in FY21/22

Cairo – Mubasher: The consolidated net profits of Suez Canal Company for Technology Settling went down by 10.70% on an annual basis during fiscal year (FY) ended on 31 August 2022, including minority shareholders’ rights. The company’s profits …

Financial Results

5 October 2022 11:12 AM Suez Canal Technology reports higher annual profits; dividends proposed

Cairo – Mubasher: The standalone net earnings after tax of Suez Canal Company for Technology Settling recorded EGP 516.43 million during fiscal year (FY) ended on 31 August 2022, a jump from EGP 498.57 million in the previous FY. Basic earnings …

Cash Dividends

2 February 2022 11:49 AM Suez Canal Technology sees 20% higher consolidated profits in 3M

Cairo – Mubasher: The consolidated net profits of Suez Canal Company for Technology Settling increased by 20% year-on-year (YoY) to EGP 285.5 million for the three-month period ended 30 November 2021, compared to EGP 237.93 million. The company's …

Financial Results

20 October 2021 04:27 PM Suez Canal Technology's annual standalone profit surges 65%

Cairo – Mubasher: Suez Canal Company for Technology Settling reported standalone net profits of EGP 498.57 million in the 12-month period ended 31 August, up by 65.1% year-on-year (YoY) from EGP 301.93 million.   The revenues from leased fixed …

Financial Results

12 April 2021 03:43 PM Suez Canal Technology's profit grows 26% in six months

Cairo – Mubasher: Suez Canal Company for Technology Settling reported net profits of EGP 389.99 million in the first half (H1) of the company’s fiscal year, up by 26.39% year-on-year (YoY) from EGP 308.549 million, including minority shareholders’ …

Financial Results

10 December 2020 01:22 PM Suez Canal Technology's OGM nods to EGP 1.5/shr dividends

Cairo – Mubasher: The ordinary general meeting (OGM) of Suez Canal Company for Technology Settling has approved to pay out EGP 1.5 per share cash dividends with a total value of EGP 136.35 million for fiscal year ended on 31 August 2020. The cash …

Cash Dividends

8 November 2020 05:52 PM Suez Canal Technology's board proposes EGP 1.5/shr dividends

Cairo – Mubasher: The board of Suez Canal Company for Technology Settling recommended a cash dividend distribution of EGP 1.5 per share with a total value of EGP 136.35 million for the year ended 31 August. The proposal will be referred to the …

Cash Dividends

8 November 2020 01:49 PM Suez Canal Technology posts EGP 535m annual profits

Cairo – Mubasher: The consolidated financial statements of Suez Canal Company for Technology Settling showed net profits of EGP 534.63 million during the 12-month period ended 31 August. The company’s revenues stood at EGP 1.14 billion from …

Financial Results

28 September 2020 04:30 PM Suez Canal Technology requests EGP 250m refund from Misr Insurance

Cairo – Mubasher: Suez Canal Company for Technology Settling requested a refund of EGP 250 million paid by its 99.68%-owned October 6th University in 2017 and 2018 to Misr Insurance Company. The payments were part of an invalid agreement signed …

Company News

16 January 2020 00:14 PM Suez Canal Technology logs EGP 183m profit in Q1-19/20

Cairo – Mubasher: The consolidated financial statements of Suez Canal Company for Technology Settling showed a EGP 183.36 million net profit during the September-November period of 2019. The company’s revenues amounted to EGP 351.47 million during …

Financial Results

5 November 2019 06:19 PM Suez Canal Technology proposes EGP 2.5/shr dividend for FY18/19

Cairo – Mubasher: The board of directors of Suez Canal Company for Technology Settling recommended a cash dividend distribution of EGP 2.5 per share for fiscal year 2018/2019. Dividends will be distributed over two payments: EGP 45.45 million and …

Cash Dividends

5 November 2019 03:58 PM Suez Canal Technology sees 755% higher profit in FY18/19

Cairo – Mubasher: The profit of Suez Canal Company for Technology Settling surged by 755% year-on-year during the fiscal year 2018/2019. The profits leapt to EGP 476.6 million during the period from September 2018 to August 2019 when compared to a …

Company News

14 July 2019 01:03 PM Suez Canal Technology’s profit soars 747% in 9M

Cairo – Mubasher: Suez Canal Company for Technology Settling reported a 747.29% year-on-year profit hike during the nine-month period ended 31 May on the back of higher revenues from investing in sister companies.     Net profits stood at EGP …

Financial Results

11 April 2019 00:44 PM Suez Canal Technology’s profit hikes 575% in 6M

Cairo – Mubasher: Suez Canal Company for Technology Settling on Thursday posted a 575% year-on-year increase in net profit during the first six-month period ended February 2019. Net profits increased to EGP 213.8 million during the period between …

Financial Results

1 November 2018 02:30 PM Suez Canal Technology generates EGP 55.7m profit in FY17/18

Cairo – Mubasher: Suez Canal Company for Technology Settling on Thursday posted a 21% year-on-year increase in net profit for fiscal year 2017/2018. The company generated EGP 55.7 million in the period starting September 2017 to August 2018, …

Financial Results

27 February 2017 00:30 PM Suez Canal Technology 2016 profits down 46%

Cairo – Mubasher: Suez Canal Company for Technology Settling’s profits for fiscal year 2016/2017 fell 45.6% to EGP 65.63 million, compared to EGP 120.61 million for FY15/16, according to a bourse filing. The company’s stock was last traded at EGP …

Financial Results

28 November 2016 11:46 AM 61% of Suez Canal Technology Settling’s shareholders accept purchasing offer

Cairo – Mubasher: Suez Canal Company for Technology Settling said 20% of its shareholders accepted the purchasing offer of the company’s stocks at EGP 16.5 per share. Following this recent approval, nearly 61% of the company’s shareholders …

Mergers and Acquisitions