Cairo – Mubasher: Canal Shipping Agencies registered net profits of EGP 153.62 million in the first nine months of fiscal year (FY) 2020/2021, down by 37.3% year-on-year (YoY) from EGP 245.39 million.

The revenues declined to EGP 37.09 million in the nine-month period ended 31 March, compared to EGP 49.33 million in the prior-year period, the company said in a bourse disclosure on Wednesday.

During the first half (H1) of FY20/21, Canal Shipping Agencies reported net profits of EGP 97.08 million, down from EGP 161.99 million in the year-ago period.