Cairo – Mubasher: Alexandria Container and Cargo Handling released its unaudited financial statements for the first half of the fiscal year 2015/16, which reflected an increase of 54% in the company’s net profits.

The firm posted net profits of EGP 591 million for the six–month period, compared with EGP 383.6 million for the same period of the previous year.

Meanwhile, the company’s revenues climbed 46% to EGP 801 million, up from EGP 549 million for the same period of the preceding year.