The Port Said Container and Cargo Handling Company, one of the Holding Company for Maritime and Land Transport’s companies operating under the Ministry of Public Works and headed by Rear Admiral AH / Mohamed Ibrahim Youssef, held its General Assembly on Tuesday 22nd of August 2017 reviewing the results of the company’s operations for the fiscal year 2016/2017, which showed significant growth in total revenues and profits compared to the previous fiscal year.
In this context, Mr. Gamal Ezzeldin, Chairman of the Board of Directors and Managing Director, said that the company achieved a total revenue of EGP 1.133 billion this year compared to EGP 714 million for the previous fiscal year, a growth rate of 58.7%. It also achieved profits of EGP 708.061 million compared to EGP 344.238 million for the previous fiscal year, a growth of 106%. Container trading activity witnessed an increase in volume of trading by 6% over the previous fiscal year. In addition, the goods sector accomplished an unprecedented achievement, with revenues of the sectors activity reaching LE 68.680 million compared to LE 40.096 million for the previous fiscal year, a growth rate of about 71%.
The realization of these great achievements is due to the good management and efficiency of the company’s employees through an integrated and advanced operational system. The Chairman of the Board of Directors and Managing Director of the Company gave his thanks and gratitude to all those who participated in the achievement of these honourable results and wished success and progress to the company.
