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Golden Textiles Q1 profit declines by 11.90%

Golden Textiles Q1 profit declines by 11.90%
Goldentex
GTWL
-4.62% 26.02 -1.26
Golden Textiles and Clothes Wool (Goldentex) reported EGP 2.201 million net profits for Q1-FY13 with decrease by 11.90%, from EGP 2.498 million in the same period a year earlier. The company posted EGP 9.4 million net profit in 2013; retained profit amounted to EGP 11.9 million and distributable net profit is estimated at EGP 21.4 million.