Canal Shipping Agencies Bod ratifies net of LE42.2 m in FY16/2017

Updated 3/9/2016 2:40:01 PM

Arab Finance: Canal Shipping Agencies (CSAG) announced Board of Directors was convened on March 8 to ratify budget of 2016/2017.

The company targets posting net profits of LE42.200 million before taxes in 2016/2017.

Moreover, it estimates investments budget amounting to LE3.1 million in 2016/2017.

Source: EGX & Arab Finance editor