Cairo – Mubasher: Alexandria Container and Cargo Handling said its profits increased by 21% during July and August 2016.
The company said its profits stood at EGP 222.74 during these two months compared with EGP 184.16 million for the same period of the previous year.
The company attributed its earnings increase to the rise of its sales by 17.7% to amount to EGP 289.87 million.
Earlier, the company said it reported net profits of EGP 1.4 billion in the fiscal year 2015-2016, up from EGP 860.6 million a year earlier.