Cairo – Mubasher: Alexandria Container and Cargo Handling reported an increase of 69.8% in net profits for the second quarter of the fiscal year 2016 – 2017 supported by FX gains.
The firm stated that it witnessed net profits of EGP 535 million for Q2 – FY16/17, up from EGP 315 million for the same period a year earlier.
As for the first half of 2016 – 2017, the company registered net profits of EGP 832.23 million up by 164.6% from EGP 591.02 for the comparable period of the previous year.