Cairo – Mubasher: The ordinary general meeting (OGM) of Alexandria Container and Cargo Handling Company approved a cash dividend distribution of EGP 1.11 per share for fiscal year (FY) 2021/2022.
The dividends will be paid to shareholders on 13 February 2023, according to a bourse statement on Sunday.
During FY21/22, which ended on 30 June 2022, the firm generated EGP 1.93 billion in net profit after tax, compared to EGP 1.41 billion in FY20/21.
Meanwhile, in the first quarter (Q1) of FY22/23, Alexandria Container achieved net profits worth EGP 669.20 million, higher by 98.97% year-on-year (YoY) than EGP 336.33 million.
The sales reached EGP 851.45 million in Q1-22/23, an annual hike of 58.35% from EGP 537.70 million.
