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13 August 06:02 AM

Canal Shipping Agencies (CSAG)

Last update: 12 August 01:26 PM market time.
41.64
2.33
5.80%
Open 40.15
Previous Close 40.15
High 42.60
Low 40.25
Stock Statistics
Volume 1,128,554
Turnover 47,052,920.00
All data are 15 minutes late during market session

News

Photo Archive
25 March 10:50 AM Canal Shipping Agencies targets EGP 970m net profits in FY26/27
Cairo - Mubasher: The board members of Canal Shipping Agencies Company approved its estimated budget for fiscal year (FY) 2026/2027. The EGX-listed company targets net profits before tax worth EGP 970 million during the July 2026-June 2027 period, …
Board of Directors
Canal Shipping Agencies’ stock rebounds
9 March 04:25 PM Canal Shipping Agencies’ stock rebounds
Cairo – Mubasher: Technical analysis indicates that the stock of Canal Shipping Agencies is moving within a secondary downtrend, with trading below both the short-term (50-day) and long-term (200-day) moving averages, reflecting continued selling …
Trading Activities
Photo Archive
3 October 2023 01:19 PM Canal Shipping Agencies mulls EGP 100m capital raise
Cairo – Mubasher: The board members of Canal Shipping Agencies agreed to increase the company’s capital to EGP 300 million from EGP 200 million. The firm will issue one bonus share for every two owned shares, according to a bourse filing. …
Companies Investments
Photo Archive
12 October 2022 11:36 AM Canal Shipping Agencies’ board proposes EGP 148.29m in FY21/22 dividends
Cairo – Mubasher: Canal Shipping Agencies’ board of directors recommended a cash dividend distribution of EGP 148.29 million to shareholders for fiscal year (FY) 2021/2022, subject to the approval of the company’s ordinary general meeting (OGM). …
Cash Dividends
The revenues increased to EGP 19.96 million
8 November 2021 00:55 PM Canal Shipping Agencies reports 6% lower profit in Q1-21/22 initial financials
Cairo – Mubasher: Canal Shipping Agencies achieved net profits of EGP 38.53 million in the first quarter (Q1) of fiscal year (FY) 2021/2022, down by 6% year-on-year (YoY) from EGP 41.05 million, the unaudited financial results showed.  The …
Financial Results
The total amount of proposed dividends stands at EGP 164.167 million
30 September 2021 03:35 PM Canal Shipping Agencies' board proposes EGP 0.82/shr dividend for FY20/21
Cairo – Mubasher: The board of directors of Canal Shipping Agencies recommended a cash dividend of EGP 0.82 per share for fiscal year (FY) 2020/2021,  The total amount of proposed dividends stands at EGP 164.167 million, the company said a bourse …
Corporate Actions
The revenues fell to EGP 53.95 million in the year ended 30 June
22 September 2021 10:57 AM Canal Shipping Agencies FY20/21 profit drops 39% in adjusted financials
Cairo – Mubasher: Canal Shipping Agencies recorded net profits of EGP 200.19 million in fiscal year (FY) 2020/2021, down by 39% year-on-year (YoY) from EGP 328.9 million, the adjusted unaudited financial results showed.  The revenues fell to …
Financial Results
The revenues slipped to EGP 53.95 million in the year ended 30 June
5 August 2021 00:15 PM Canal Shipping Agencies posts 39% lower profit in FY20/21 initial financials
Cairo - Mubasher: Canal Shipping Agencies reported net profits of EGP 199.15 million in fiscal year (FY) 2020/2021, down by 39.4% year-on-year (YoY) from EGP 328.4 million, the unaudited financial results showed.  The revenues slipped to EGP 53.95 …
Financial Results
The revenues declined to EGP 37.09 million in the period ended 31 March
26 May 2021 02:10 PM Canal Shipping Agencies reports 37% lower profit in nine months
Cairo – Mubasher: Canal Shipping Agencies registered net profits of EGP 153.62 million in the first nine months of fiscal year (FY) 2020/2021, down by 37.3% year-on-year (YoY) from EGP 245.39 million. The revenues declined to EGP 37.09 million in …
Financial Results
Canal Shipping Agencies reported net profits of EGP 97.08 million in six months
31 March 2021 01:50 PM Canal Shipping Agencies eyes EGP 154.5m profit in FY21/22
Cairo – Mubasher: Canal Shipping Agencies aims to generate net profits after tax of EGP 154.5 million in fiscal year 2021/2022, compared to a targeted net profit of EGP 235 million in FY20/21. The planned budget for the coming fiscal year includes …
Financial Results
The company's revenues decreased to EGP 22.88m in H1-20/21
1 February 2021 00:35 PM Canal Shipping Agencies reports 40% lower profits in H1-20/21
Cairo – Mubasher: Canal Shipping Agencies reported a 40% drop in its net profits to EGP 97.08 million in the first half (H1) of fiscal year 2020/2021 from EGP 161.99 million in the year-ago period. Lower net profits are attributed to a decline in …
Financial Results
Canal Shipping Agencies posted net profits of EGP 41.05 million in three months
21 January 2021 05:57 PM Canal Shipping Agencies names new CEO, Managing Director
Cairo – Mubasher: The board of directors of Canal Shipping Agencies approved the appointment of Mohamed Mohamed Hosny El-Husseiny as the company’s CEO and Managing Director. The CEO and managing Director has been given the authority to sign on …
Board of Directors
The OGM also approved the appointment a new board of directors
13 December 2020 01:10 PM Canal Shipping Agencies' OGM approves dividends for FY19/20
Cairo – Mubasher: The ordinary general meeting (OGM) of Canal Shipping Agencies approved a cash dividend distribution of EGP 1.33 a share for fiscal year 2019/2020. The shareholders approved a total of EGP 276.57 million as cash dividend to be …
General Assembly
The company’s revenues retreated to EGP 10.6 million
9 November 2020 11:59 AM Canal Shipping Agencies sees 68% lower profit in Q1-20/21
Cairo – Mubasher: Canal Shipping Agencies logged net profits of EGP 41.05 million in the first quarter (Q1) of fiscal year 2020/2021, down by 68% year-on-year (YoY) from EGP 128.3 million. The company’s revenues retreated to EGP 10.6 million in …
Financial Results
The company logged EGP 328.4 million in net profits in FY19/20
5 October 2020 04:43 PM Canal Shipping Agencies proposes EGP 232m dividends for FY19/20
Cairo – Mubasher: The board of Canal Shipping Agencies recommended a cash dividend distribution of EGP 1.15 per share for fiscal year 2019/2020. The proposed dividends totalled EGP 231.8 million for the earnings of the last fiscal year, according …
Cash Dividends
The company generated EGP 55.5 million in revenue
12 August 2020 01:01 PM Canal Shipping reports EGP 328m profit in FY19/20
Cairo – Mubasher: Canal Shipping Agencies achieved net profits of EGP 328.4 million in fiscal year 2019/2020, up by 46% year-on-year (YoY) from EGP 225.5 million. In the meantime, the company’s revenues retreated to EGP 55.5 million in the …
Financial Results
The company's revenues amounted to EGP 49.33 million
20 May 2020 01:33 PM Canal Shipping achieves 38% higher profits in 9M
Cairo – Mubasher: The net profits of Canal Shipping Agencies hiked by 38% year-on-year (YoY) to reach EGP 245.39 million in the period from July 2019 to March 2020, compared to EGP 177.37 million in the year-ago period. The increase in profits is …
Financial Results
Canal Shipping Agencies reported net profits of EGP 161.99 million in H1
18 February 2020 01:13 PM Canal Shipping Agencies denies merger reports
Cairo – Mubasher: Canal Shipping Agencies denied news reports about its merger with other shipping agencies. Reports about initiating procedures to merge with Abu Simbel and Thebes Shipping Agencies Co, Amon Shipping Agency, and Memphis Shipping …
Mergers and Acquisitions
Revenue went down to EGP 33.81 million in 6M
11 February 2020 10:35 PM Canal Shipping posts 31% YoY profit hike in H1-19/20
Cairo – Mubasher: Canal Shipping Agencies has reported a 31% year-on-year profit increase during the first six months of the fiscal year 2019/2020. The company’s net profit grew to EGP 161.99 million from July to December 2019, compared to EGP …
Financial Results
Net profit totalled EGP 128.4 million during the three-month period ended September
7 November 2019 01:16 PM Canal Shipping’s profit jumps 117% in Q1-FY19/20 on investments
Cairo – Mubasher: Canal Shipping Agencies has posted a 116.8% year-on-year leap in its net profits for the first quarter of fiscal year 2019/2020. The company generated EGP 128.4 million ($7.97 million) in net profit during the three-month period …
Companies Investments
The company logged a net profit of EGP 225.54 million in FY18/19
27 October 2019 02:38 PM Canal Shipping Agencies in talks to operate new shipping line
Cairo – Mubasher: Canal Shipping Agencies said it aims to operate a new shipping line between Safaga and Duba. Canal Shipping is currently in negotiations with the ship-owning company over a potential deal, according to a statement to the Egyptian …
Companies Investments
The company’s capital reaches EGP 200m
24 October 2019 00:48 PM Canal Shipping Agencies’ OGM ups proposed dividends
Cairo – Mubasher: Canal Shipping Agencies’ Ordinary General Meeting (OGM) has decided to increase approved dividends for the fiscal year 2018/2019 to EGP 0.79 per share. In September, the company’s board recommended a cash dividend distribution of …
Cash Dividends
Companies include Alexandria Container and Cargo Handling
22 October 2019 07:53 PM Egyptian Commodities Exchange’ new managing firm to benefit 5 companies
Cairo – Mubasher: A group of companies are expected to benefit from the Egyptian government decision to establish a new company to manage the Egyptian Commodities Exchange, MubasherTrade Research said. The mentioned companies include Alexandria …
Companies Investments
The company logged a net profit of EGP 225.54 million in FY18/19
9 September 2019 01:01 PM Canal Shipping Agencies proposes EGP 0.74/shr dividends for FY18/19
Cairo – Mubasher: Canal Shipping Agencies recommended a cash dividend distribution of EGP 0.74 per share for fiscal year 2018/2019. The total value of proposed dividends amounted to EGP 148.7 million for FY18/19, compared to EGP 175.7 million in …
Corporate Actions
Net profits slid to EGP 225.54 million
8 September 2019 03:32 PM Canal Shipping’s FY18/19 adjusted financials show 17% profit drop
Cairo – Mubasher: The adjusted unaudited financial statements of Canal Shipping Agencies recorded a 16.8% year-on-year profit drop during fiscal year 2018/2019.  Net profits slid to EGP 225.54 million from July 2018 to last June, compared to EGP …
Financial Results