Cairo – Mubasher: The board of Alexandria Container and Cargo Handling Company recommended cash dividend distribution for fiscal year (FY) 2020/2021.

The company aims to pay a cash dividend of EGP 0.77 per share to the eligible shareholders, according to a bourse filing to the EGX on Monday.

Alexandria Container recently disclosed its FY20/21 adjusted unaudited financial results, which indicated a 5.56% decline in net profits.

Revenues also decreased by 7.22% to EGP 2.39 billion during the past FY.