News
Markets
El Nasr Clothing posts loss in nine months period
El Nasr Clothing & Textile Co., an Egyptian garment manufacturer disclosed that it posted a net loss of 6.9 million Egyptian pounds or US $1.23 million for the nine months, ending March 2010.
El Nasr had reported a net loss of 1.5 million Egyptian pounds, in the corresponding period of the previous fiscal year.
The clothing company is a producer of innerwear and outerwear for men, women and children and exports 40 percent of its goods to various overseas countries.
Source: Fibre2fashion
From the Egytex news archive, first published on 13 May 2010. Figures and names are as reported at the time.