Cairo – Mubasher: Alexandria Container and Cargo Handling (ALCN) reported its unaudited financial results for the first half of the fiscal year 2016 – 2017, which reflected an increase of 40.8% in net profits.
ALCN posted net profits of EGP 833.2 million for the six – month period ended 30 September 2016, down from EGP 594.3 million a year earlier.
Earlier, the company reported net profits of EGP 589.7 million for the five – month period ended November 2016.