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Alexandria Container posts higher profits in June

Alexandria Container posts higher profits in June
The company ended the fiscal year with EGP 1.4 billion net profits
Alex Cont
ALCN
-0.89% 22.38 -0.20

Cairo – Mubasher: Alexandria Container and Cargo Handling reported Sunday that its profits rose by 37.4% during June 2016, according to a bourse filing.

The company registered a net profit of EGP 117.4 million, compared to EGP 85.4 million during June 2015.

During the period extended from 1 July 2015 to May 2016, the company recorded EGP 1.3 billion net profits compared to EGP 775.1 million for the year-ago period, thus ending the fiscal year registering EGP 1.4 billion net profits.

The company’s fiscal year starts on the first of July.