Arab Finance: El Nasr Clothing and Textiles Company (KABO) posted a consolidated net profits of EGP 9.402 million in the first nine months of fiscal year (FY) 2024/2025, the financial results showed.
The recorded net profits were 95% lower than the registered in EGP 193.064 million in the same nine months of FY 2023/2024.
Net sales hiked by 14% year on year (YoY) to EGP 825.392 million at the end of March 2025 from EGP 726.792 million.
As for the standalone net profits after tax, they plunged by 76% YoY to EGP 23.001 million from EGP 94.861 million.
Non-consolidated revenues declined by 4% YoY to EGP 272.130 million from EGP 283.923 million
Meanwhile, the basic earnings per share (EPS) dropped to EGP 0.049 from EGP 0.204.
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