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United Arab Stevedoring achieves EGP 1.78M

United Arab Stevedoring achieves EGP 1.78M

ArabFinance: The United Arab Stevedoring Company achieved a net profit of EGP 1.776 million in January 2021, according to the company’s March 4th statement filed to the Egyptian Exchange.

The company posted EGP 2.323 million in January 2020.

The revenues went up to EGP 1.065 million in January 2021 from EGP 827,395 in January 2020.

The United Arab Stevedoring appointed Khaled Abdel Aziz Soliman as its new non-executive chairman.

United Arab Stevedoring, formerly United Arab Shipping Company, is an Egypt-based company engaged in the marine port services industry sector.

The company primarily is involved in loading and unloading activities at the Alexandria and Dekheilla ports in Egypt.  It owns a fleet of trucks, trailers, single-semi trailer and semi-trailer. 

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