Egypt-based Dice incurs standalone loss of $4.9mln
The Egyptian Saudi Insurance House acquired a 6.47% stake in Dice
By Staff Writer, Arab Finance
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.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.