Arab Finance: Alexandria Container and Cargo Handling Company (ALCN) has posted a 37.11% year-on-year (YoY) surge in net profit after tax during the fiscal year (FY) 2021/2022, recording EGP 1.934 billion, according to financial indicators filed to the Egyptian Exchange (EGX) on Wednesday.
The company’s revenues grew to EGP 2.767 billion in the period ended June 30th from EGP 2.397 billion the year before.
Alexandria Container is an Egypt-based company that specializes in containers and cargo handling in Egyptian ports.