Alexandria Container profits rise 46% in 11M

Cairo – Mubasher: Alexandria Container and Cargo Handling Company posted on Sunday a growth of 46% in its profits for the first eleven months of fiscal year 2016/2017 to EGP 1.88 billion, versus EGP 1.29 billion for the same period last year.

Production costs increased in the first eleven months of FY16/17 to EGP 570 million, compared to EGP 404 million for FY15/16, according to a bourse filing.

The stock rose on Thursday by 1.4% to EGP 174.24.

Mubasher Contribution Time: 18-Jun-2017 08:42 (GMT)
Mubasher Last Update Time: 18-Jun-2017 08:52 (GMT)