Dice Sport’s consolidated profits skyrocketed 198.4% YoY in Q1
Updated 6/2/2022 10:51:00 AM
Arab Finance: Dice Sport and Casual Wear (DSCW) has reported a 198.38% year-on-year (YoY) hike in consolidated profits attributable to the parent company during the first quarter (Q1) of 2022, recording EGP 9.569 million, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on June 2nd.
Consolidated net sales soared to EGP 383.789 million in Q1 2022 from EGP 297.626 million in Q1 2021.
As for the standalone financial statement, Dice turned to profits during the three-month period ended March 31st, recording a net profit after tax of EGP 803,458, compared to a net loss of EGP 6.641 million in the year-ago 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.
