Alexandria Container and Cargo Handling Company net profit declines 21% in 9-mo FY 2018/19

Alexandria, Egypt (PortSEurope) May 21, 2019 – Alexandria Container and Cargo Handling Company SAE recorded a 21% decline in net profit to EGP 1.9 billion ($111 million/€99.8 million) in the first ten months of fiscal 2018/19, ending July. The company’s revenues declined during the period, reaching EGP 2.33 billion ($137 million/€99.8 million) at the end of March, compared with EGP 2.44 billion ($143 million/€128 million) during the same period of the…