Kabo six-month net profit jumps: bourse

DNE
DNE
1 Min Read

Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported net profit for the six-month period from July to December 2010 of LE 3.36 million ($576,800), the stock exchange said on Tuesday.

The firm made a net profit of LE 860,000 in the same period a year earlier, the exchange added.

Kabo produces underwear and outer clothing for men, women, and children. It exports around 28 percent of its products to Europe and Arab countries.

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