Canal Shipping Agencies eyes EGP 42.2m profits in FY16/17

Cairo – Mubasher: Canal Shipping Agencies said it targets net profits before tax of EGP 42.2 million in the fiscal year 2016/17.

The firm targeted net profits before tax of EGP 39.5 million in the previous year.

The company reported an increase of 104% in net profits for the first half of FY15/16, as it reached EGP 20.6 million compared with EGP 10.1 million a year earlier.

Mubasher Contribution Time: 08-Mar-2016 08:19 (GMT)