{"id":558033,"date":"2021-09-20T13:51:44","date_gmt":"2021-09-20T13:51:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alex-container-sees-6-drop-in-bottomline\/"},"modified":"2021-09-20T13:51:44","modified_gmt":"2021-09-20T13:51:44","slug":"alex-container-sees-6-drop-in-bottomline","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alex-container-sees-6-drop-in-bottomline\/","title":{"rendered":"Alex Container sees 6% drop in bottomline"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Alexandria Container and Cargo Handling Company\u2019s bottomline <\/strong><strong>dropped 6% y-o-y in FY2020-21 to EGP 1.4 bn from EGP 1.5 bn<\/strong>, according to the company\u2019s <a href=\"https:\/\/ent.news\/2021\/9\/alexandria-container-and-cargo-handling.pdf\">financials (pdf)<\/a>. Revenues dropped 7% y-o-y to EGP 2.4 bn from EGP 2.6 bn.<\/p>\n<p><strong>THE MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 fell 1.6% at today\u2019s close<\/strong> on turnover of EGP 1.2 bn (23.3% below the 90-day average). Foreign investors were net buyers. The index is down 1.2% YTD.<\/p>\n<p><strong>In the green: <\/strong>Abou Kir Fertilizers (+0.2%).<\/p>\n<p><strong>In the red: <\/strong>Egyptian Resorts Company (-6.2%), Heliopolis Housing (-5.6%) and MM Group (-4.6%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Alexandria Container and Cargo Handling Company\u2019s bottomline dropped 6% y-o-y in FY2020-21 to EGP 1.4 bn from EGP 1.5 bn, according to the company\u2019s financials (pdf). Revenues dropped 7% y-o-y to EGP 2.4 bn from EGP 2.6 bn. THE MARKET ROUNDUP- The EGX30 fell 1.6% at today\u2019s close on turnover of EGP 1.2 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7219],"tags":[2453,409,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558033","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-alexandria-container-and-cargo-handling","tag-earnings-watch","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"fec97340-b61e-4828-978a-6572530856ed","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558025],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alex Container sees 6% drop in bottomline - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/alex-container-sees-6-drop-in-bottomline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alex Container sees 6% drop in bottomline\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Alexandria Container and Cargo Handling Company\u2019s bottomline dropped 6% y-o-y in FY2020-21 to EGP 1.4 bn from EGP 1.5 bn, according to the company\u2019s financials (pdf). 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Local investors were net sellers. The index is down 0.7% YTD.In the green: CI Capital (+3.6%), Ibnsina Pharma (+2.9%) and Cleopatra Hospital (+2.8%).In the red: AMOC (-2.5%), SODIC (-2.0%) and\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543370,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/30\/earnings-watch-obour-land-alexandria-containers\/","url_meta":{"origin":558033,"position":4},"title":"Earnings watch: Obour Land, Alexandria Containers","author":"enterpriseam admin","date":"30 January 2022","format":false,"excerpt":"MARKET NEWS-Obour Land recorded a 13% y-o-y increase in its bottom line in 2021 to EGP 350.7 mn, according to the company\u2019s financials (pdf). 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