Alexandria Container posts 60% rise in annual profits

Cairo – Mubasher: Alexandria Container and Cargo Handling Company’s earnings rose in the fiscal year 2015/16 by 60% to EGP 1.4 billion ($157.6 million), versus EGP 860.6 million ($96.8 million) posted for fiscal 2014/15.

The company’s board of directors proposed the distribution of cash dividends at EGP 30.7 per share for the year, totalling EGP 850.2 million, according to a bourse filing on Thursday.

The stock declined in today’s trading by 1.89% to EGP 482.21.

Mubasher Contribution Time: 28-Jul-2016 13:37 (GMT)
Mubasher Last Update Time: 28-Jul-2016 13:37 (GMT)