Port News & Information Mediterranean, Black & Caspian Seas

Canal Shipping Agencies reports reduced profitss

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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…

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