Egypt-based Dice incurs standalone loss of $4.9mln

The Egyptian Saudi Insurance House acquired a 6.47% stake in Dice

  

Dice Sport and Casual Wear incurred a standalone net loss of EGP 77,024,448 in the January-September period of 2020, according to the company’s November 22ndfinancial statements filed to the Egyptian Exchange.

In the January-September period of 2019, the company posted a net profit of EGP 98,165,150.

The Egyptian Saudi Insurance House acquired a 6.47% stake in Dice.

In the first half of 2020, Dice incurred a consolidated net loss of EGP 91,583,173, against a net profit of EGP 70,821,385 posted in the prior-year period.

Dice is an Egypt-based company engaged in the casual wear garments and textile industry.

The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.

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