Cairo – Mubasher: Alexandria Container and Cargo Handling Company has announced its adjusted unaudited financial results for fiscal year (FY) 2020/2021, which indicated a 5.56% decrease in net profits after tax.
The company posted EGP 1.41 billion profits in FY20/21, compared to EGP 1.49 billion in FY19/20.
Revenues shrank by 7.22% to EGP 2.39 billion in the FY ended last June from EGP 2.58 billion in the prior FY.
The unaudited income statements of the company, which were posted in July, showed net profits worth EGP 1.40 billion and revenues of EGP 2.37 billion in the 12-month period that ended on 30 June 2021.
