Cairo –  Alexandria Container and Cargo Handling Company posted a net profit after tax worth EGP 1.79 billion during the first half (H1) of fiscal year (FY) 2022/2023.

The H1-22/23 profits were higher by 150.77% year-on-year (YoY) than EGP 717.76 million, according to the income statements.

Revenues enlarged by 77.93% to EGP 1.99 billion in H1-22/23, compared to EGP 1.11 billion during the July-December 2021 period.

In Q1-22/23, the EGX-listed firm generated EGP 669.20 million net profits, a 98.97% YoY leap from EGP 336.33 million.

Meanwhile, the sales amounted to EGP 851.45 million during the three-month period that ended on 30 September 2022, an annual increase of 58.35% from EGP 537.70 million.

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