Cairo - Mubasher: Alexandria Container and Cargo Handling Company has reported an 11.8% growth in net profits during fiscal year 2017/2018, as shown by the company’s financial statements.

Net profits reached EGP 2.45 billion between July 2017 and June 2018, compared with EGP 2.19 billion for the same period last year, according to the company’s statement to the Egyptian Exchange (EGX) on Tuesday.

Revenues also increased by 10.37% to EGP 2.9 billion, up from EGP 2.7 billion in FY16/17.