Alexanderia Container’s OGM nods to FY 2022/2023 estimated budget
Updated 6/26/2022 11:59:05 AM
Arab Finance: The ordinary general meeting (OGM) of Alexandria Container and Cargo Handling Company (ALCN) has approved the estimated budget for fiscal year (FY) 2022/2023, according to a statement filed to the Egyptian Exchange (EGX) on June 26th.
Under the FY 2022/2023 budget, the company plans to achieve operating revenue of EGP 2.628 billion and a net profit of EGP 1.6 billion.
Moreover, the OGM has endorsed the proposed investment budget for FY 2022/2023 with a sum of EGP 138.34 million.
Alexandria Container is an Egypt-based company that specializes in containers and cargo handling in Egyptian ports.
