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Alexandria Container’s profit leaps 26% YoY in 9M-23/24

Alexandria Container’s profit leaps 26% YoY in 9M-23/24
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Alex Cont
ALCN
4.70% 45.02 2.02

Cairo – Mubasher: The net profit of Alexandria Container and Cargo Handling Company surged 26% year-on-year (YoY) to EGP 4.02 billion in the first nine months (9M) of fiscal year (FY) 2023/2024, versus EGP 3.19 billion.

Sales jumped 21% YoY to EGP 4.12 billion in 9M-23/24 from EGP 3.39 billion, according to unaudited financial statements.

Alexandria Container’s net profit soared 23% YoY to EGP 2.21 billion in the first half (H1) of FY23/24.