Cairo - Mubasher:The Holding Co. For Maritime & Land Transport decided to reappoint Mohamed Jaballah as Chairman and Managing Director of Canal Shipping Agencies for more three years.
Canal Shipping Agencies posted an increase of 79.6% to EGP 13.1 million in net profits for the first quarter of the fiscal year 2015/16, up from EGP 7.32 million for the similar period of the previous year.
Meanwhile, the company's revenues reached EGP 12.7 million for this three -month period of FY15/16, compared with EGP 15.2 million for the comparable period of the preceding year.
