ALCN targets EGP 1.5bn profits in FY17/18

Cairo – Mubasher: Alexandria Container and Cargo Handling (ALCN) targets an increase of 2% in net profits in the fiscal year 2017 – 2018, said a bourse filling.

ALCN seeks to achieve net profits of EGP 1.5 billion through FY 2017 – 2018 compared with EGP 1.47 billion it targeted to achieve in 2016 – 2017.

The company also stated that it targets investments of EGP 102.3 million in FY2016 – 2017, in addition to operations revenues of EGP 2.19 billion.

Mubasher Contribution Time: 17-Jan-2017 11:49 (GMT)
Mubasher Last Update Time: 17-Jan-2017 11:49 (GMT)