Cairo – Mubasher: Alexandria Container and Cargo Handling Company's net profits after tax increased by 15% year-on-year (YoY) to EGP 857.42 million in the first seven months (7M) of fiscal year (FY) 2021/2022, compared to EGP 747.10 million.
The company generated revenues of EGP 1.33 billion during the July-January period of FY21/22, up 2% from EGP 1.30 billion in the same period last year, according to a recent bourse filing.
It is worth noting that during the first half (H1) of FY21/22, the Egyptian listed company posted net profits of EGP 717.76 million, higher 14.8% than EGP 625.23 million in H1-20/21.