Cairo – Mubasher: Alexandria Container and Cargo Handling Co logged net profits of EGP 1.01 billion in the first nine months of fiscal year (FY) 2020/2021, down by 2.7% year-on-year (YoY) from EGP 1.04 billion, the unaudited financial results showed.

The company’s revenues retreated to EGP 1.7 billion in the nine-month period ended 31 March from EGP 1.81 billion in the corresponding period a year earlier, according to a bourse disclosure on Sunday.

During the first half (H1) of FY20/21, the company posted net profits of EGP 625.24 million, down from EGP 736.06 million in the prior-year period.