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Alexandria Container posts 25.1% YoY profit growth in 9 months

Alexandria Container posts 25.1% YoY profit growth in 9 months

ArabFinance: Alexandria Container and Cargo Handling Company (ALCN) has reported a 25.11% year-on-year (YoY) increase in net profit after tax during the period from July 1st 2021 until March 31st 2022, according to the unaudited financial indicators filed to the Egyptian Exchange (EGX) on April 27th.

The company’s profits after tax grew to EGP 1.266 billion in the July-March period, from EGP 1.012 billion in the comparative period a year earlier.

Revenue edged higher 6.34% YoY to EGP 1.833 billion in the nine-month period ended March 31st.

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

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