Cairo – Mubasher: Canal Shipping Agencies posted an increase of 104% in net profits for the first half of the fiscal year 2015/16.
The company’s profits stood at EGP 20.6 million for this six-month period, up from EGP 10.1 million for the similar period a year earlier.
Meanwhile, the company’s revenues reached EGP 28 million in H1-FY15/16, compared with EGP 26 million for the same period a year earlier.
The firm reported earlier, an increase of 79.6% in its net earnings for the first quarter of FY15/16.
