Arab Finance: Dice Sport and Casual Wear (DSCW) swung to standalone profits during the first nine months of 2022, according to the financial statements filed to the Egyptian Exchange (EGX) on November 15th.
The company recorded a standalone net profit after tax of EGP 81.052 million in January-September, compared to a net loss of EGP 16.946 million in the same period of 2021.
Sales surged to EGP 1.354 billion in 9 months to September 30th from EGP 986.887 million in the same period a year earlier.
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 and other knitting products.