Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

AlwaysFree: Alexandria Container’s Profit Jumps 150.7% YoY In H1 FY 2022/23

Author: SSESSMENTS

  • Alexandria Container is an Egypt-based company that specializes in containers and cargo handling in Egyptian ports

According to Zawya article published on January 30, 2023, Alexandria Container and Cargo Handling Company (ALCN) has posted a 150.77% year-on-year (YoY) surge in net profit after tax for the first half (H1) of fiscal year (FY) 2022/2023, according to financial indicators filed to the Egyptian Exchange (EGX) on January 29th.

The company recorded a net profit of EGP 1.8 billion in the July-December period of 2022, up from EGP 717.76 million in the year-ago period.

The company’s revenues grew 77.93% to EGP 1.99 billion in H1 FY 2022/2023 from EGP 1.11 billion in the same period of the FY before.

Alexandria Container is an Egypt-based company that specializes in containers and cargo handling in Egyptian ports.

Tags: Africa,All Products,AlwaysFree,Egypt,English,Middle East

Published on February 2, 2023 12:30 PM (GMT+8)
Last Updated on February 2, 2023 12:30 PM (GMT+8)