Egypt's Kabo 6-month net loss at 2.6million Egy. pounds
Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss of 2.6 million Egyptian pounds for the six months to end-December, the stock exchange said on Thursday.
Egytex News Desk
Source: Reuters
Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss of 2.6 million Egyptian pounds for the six months to end-December, the stock exchange said on Thursday.
The firm made a net profit of 12.1 million pounds in the same period in 2008, the exchange added.
Kabo produces underwear and outerwear for men, women, and children. It exports around 40 percent of its products to Europe, the United States, Canada and Arab countries.
Source: Reuters
From the Egytex news archive, first published on 16 February 2010. Figures and names are as reported at the time.
