Kabo 9-month net loss at LE 6.9 mln

Reuters
1 Min Read

Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss of LE 6.9 million ($1.23 million) for the nine months to end-March, the stock exchange said on Wednesday.

The firm made a net loss of LE 1.5 million in the same period a year earlier, the exchange added.

Kabo produces underwear and outerwear for men, women, and children. It exports around 40 percent of its products to Europe, the United States, Canada and Arab countries.

Share This Article
By Reuters
Follow:
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.
Leave a comment