Cairo – Mubasher: Alexandria Container and Cargo Handling Co achieved net profits of EGP 1.11 billion in the first 10 months of fiscal year (FY) 2020/2021, down by 5.1% year-on-year (YoY) from EGP 1.17 billion, the unaudited financial results showed.
The sales dropped to EGP 1.91 billion in the 10-month period ended 30 April, compared to EGP 2.04 billion in the corresponding period a year earlier, the company said in a bourse disclosure on Wednesday.
During the first nine months of FY20/21, the company logged net profits of EGP 1.01 billion, down from EGP 1.04 billion in the same period in FY19/20.
