Cairo – Mubasher: Alexandria Container and Cargo Handling Company’s board has recommended the distribution of EGP 400 million in cash dividends.

The board also proposed increasing employees’ share in profit to 15%, according to a bourse statement released on Thursday.

Alexandria Container posted a 24.1% year-on-year decline in net profits during fiscal year 2018/2019, recording EGP 1.85 billion.