Canal Shipping Agencies Co. reports EGP18mn in earnings for 1Q16/17
Canal Shipping Agencies Company [CSAG.CA] has reported its 1Q16/17 financial highlights, with earnings up to EGP18mn compared to EGP13mn in 1Q15/16 (+40% Y-o-Y). Revenues increased (+11% Y-o-Y) to EGP14mn compared to EGP13mn in 1Q15/16, while gross profit margin came in at EGP3mn compared to EGP1.5mn (+67% Y-o-Y) in 1Q15/16. (Company disclosure)
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