Arab Finance: El Nasr Clothing and Textiles Company (KABO) logged 9% year-on-year (YoY) lower consolidated net profits after tax in the first quarter (Q1) of fiscal year (FY) 2025/2026, amounting to EGP 17.245 million, according to the unaudited financial results.
The quarterly profits were compared with EGP 18.964 million in Q1 of FY2024/2025.
Net sales increased by 10% YoY to EGP 285.092 million at the end of September 30th, 2025, from EGP 258.715 million.
In October 2025, the EGX-listed firm penned an agreement with Yassin Textile in line with its strategy to expand and reinforce partnerships in the export field.
KABO is an Egypt-based company, operating within the production of underwear for men, women, and children of all ages. It sells its products in Egypt, the Middle East, and Africa.