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.