Cairo - Mubasher: Canal Shipping Agencies reported net profits of EGP 199.15 million in fiscal year (FY) 2020/2021, down by 39.4% year-on-year (YoY) from EGP 328.4 million, the unaudited financial results showed.
The revenues slipped to EGP 53.95 million in the year ended 30 June, compared to EGP 56.13 million a year earlier, the company said in a bourse disclosure on Thursday.
During the first nine months of FY20/21, Canal Shipping Agencies logged net profits of EGP 153.62 million, down from EGP 245.39 million in the corresponding period a year earlier.
