Arab Finance: Canal Shipping Agencies posted net profits after tax amounting to EGP 83.329 million in the first quarter (Q1) of fiscal year (FY) 2026/2027, 502% higher than EGP 13.840 million in the same period a year earlier, according to the financial results.

Revenues jumped by 21% year-on-year (YoY) to EGP 56.434 million at the end of September 2026 from EGP 46.793 million.

Basic earnings per share (EPS) hit EGP 0.27 in Q1 FY2026/2027, an annual leap of 502% from EGP 0.04.

Canal Shipping Agencies carries out the work of the maritime agency (consignor of ship/cargo) as well as the work of tourism, excursions, customs clearance, and cargo handling.

The company also handles the work of maritime and road transport inside Egypt and abroad. It owns and leases ships, carriers, floating missions, and all means of transport.