Egypt: Alexandria Container logs $125mln profits in FY23/24

The generated net profits were higher by 40% year-on-year (YoY) than EGP 4.38 billion, according to the financial results

Staff Writer, Mubasher

August 19, 2024

PHOTO

Alexandria Container and Cargo Handling Company recorded net profits after tax valued at EGP 6.13 billion in fiscal year (FY) 2023/2024.

The generated net profits were higher by 40% year-on-year (YoY) than EGP 4.38 billion, according to the financial results.

Revenues hit EGP 6.44 billion in July 2023-June 2024, up 30% from EGP 4.96 billion a year earlier.

In the nine-month period that ended on 31 March 2024, the company’s net profits witnessed 26% YoY to EGP 4.02 billion, compared to EGP 3.19 billion.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO