Dice consolidated financials show EGP 31m profit in Q1

Cairo – Mubasher: The consolidated income statements of Dice Sport and Casual Wear registered a decline of 27.29% in profits during the first three months of 2019 compared to the corresponding quarter last year.

Net earnings in consolidated financials shrank to EGP 31.06 million in Q1-19 from EGP 42.72 million in Q1-18, according to a bourse disclosure to the Egyptian Exchange (EGX) on Sunday.

During Q1-19, cost of sales registered in the consolidated statements increased to EGP 267.13 million from EGP 222.22 million in Q1-18.

Last week, Dice announced its standalone financial statements for Q1-19 which showed a decrease of 1.2% in profits to EGP 21.91 million.

Mubasher Contribution Time: 02-Jun-2019 09:52 (GMT)
Mubasher Last Update Time: 21-Jul-2019 10:50 (GMT)