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Alexandria Container posts net profit of EGP 1.4B

Alexandria Container posts net profit of EGP 1.4B

ArabFinanceAlexandria Container and Cargo Handling Company (ALCN) posted a net profit of EGP 1.406 billion in the fiscal year of 2020/2021, according to the company’s financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) decline of 6% when compared to EGP 1.493 billion in FY2019/2020.

On a yearly basis, the company’s net profit levelled down 15.06% during the second half of 2020, recording EGP 625.2 million.

Alexandria Container is an Egypt-based company that specializes in container and cargo handling in Egyptian ports.

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