Cairo – Mubasher: The ordinary general meeting of Alexandria Container and Cargo Handling approved the estimated budget for 2016/17.
The company expects to gain a net of EGP956 million, compared to an estimated net of EGP1.1 million for the present year.
Moreover, the company targets EGP1.465 billion revenues as well as EGP204 million investments.
In the first seven months of 2015/16, the company’s profits rose 52% year-on-year to EGP679 million from EGP448.1 million.
