skip to Main Content
Canal Shipping Agencies Reports Reduced Profitss

Canal Shipping Agencies reports reduced profitss

Cairo, Egypt (PortSEurope) February 3, 2021 – In a stock exchange filing, Canal Shipping Agencies has announced first half profits of EGP 97.08 million (€5.19 million), down 40% on the same period 12 months ago. The company attributed the reduction to a decline in revenue of its investments in Port Said Container and Cargo Handling and Damietta Container and Cargo Handling, as well as the Covid-19
coronavirus crisis. Canal Shipping Agencies Co SAE is a company that provides marine port services and shipping services to the international commercial fleets, as well as tourism and travel related services. Copyright (C) PortSEurope. All Rights Reserved. 2021.

To continue reading please subscribe or log in.

PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe now
Back To Top