PHOTO
High angle view of downtown Cairo cityscape, Zamalek, Cairo, Egypt. Getty Images Image used for illustrative purpose
Arab Finance: Alexandria Container and Cargo Handling Company (ALCN) posted a 56% year-on-year (YoY) increase in net profits after tax during the first half (H1) of fiscal year (FY) 2024/2025, according to a financial statement filed to the Egyptian Exchange (EGX) on March 16th.
The company’s net profits after tax surged to EGP 3.420 billion in the July-December period of last year from EGP 2.194 billion over the same period a year earlier.
Meanwhile, sales jumped 55% YoY to EGP 3.931 billion from EGP 2.531 billion.
Alexandria Container is an Egypt-based company that specializes in containers and cargo handling in Egyptian ports.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
