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English news

17-Jan-2017

Alexandria Containers reports profit of EGP535mn in 2Q16/17; throughput declines Y-o-Y

Alexandria Container and Cargo Handling Co [ALCN.CA] has reported its financial highlights for 2Q16/17, showing a profit of EGP535mn (+68% Y-o-Y, +80% Q-o-Q). Revenue came in at EGP676mn (+58% Y-o-Y, +63% Q-o-Q), while gross profit was EGP533mn (+70% Y-o-Y, +83% Q-o-Q). Its worth nothing that the company reported a 6% Y-o-Y decline in throughput volumes. (Company disclosure)

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