KABO’s profit increases 133% in 9M

Cairo – Mubasher: El Nasr Clothing and Textiles’ (KABO) profits rose in the first nine months of fiscal 2015-16 by 132.7% year-on-year.

Net profit reached EGP 5.9 million ($666,000) in the nine-months period, versus EGP 2.54 million ($286,700) in FY14-15.

The company earlier posted net losses of EGP 4.3 million in the first half of FY 15-16.

Mubasher Contribution Time: 15-May-2016 13:09 (GMT)
Mubasher Last Update Time: 15-May-2016 13:09 (GMT)