Cairo – Mubasher: Dice Sport and Casual Wear on Wednesday reported its financial results for the second quarter of 2017, logging a profit surge of 824.7% year-on-year.
Dice’s standalone profits jumped to EGP 37.82 million in Q2-17, compared to EGP 4.09 million in the corresponding period of 2016, according to a filing to the Egyptian Exchange (EGX).
Sales increased during the period to reach EGP 193.75 million compared to EGP 109 million in Q2-16.
Meanwhile, in terms of its standalone results, Dice reported turning to profits with EGP 106.15 million in the first six months of 2017 versus EGP 443,120 in losses in the year-ago period.
Dice had previously reported turning to losses in the full year 2016 with EGP 113.24 million against EGP 18.5 million in profits.
