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KABO narrows loss by 39% in 6m

KABO narrows loss by 39% in 6m
Photo Credit: Arabianeye-Reuters
KABO
KABO
3.21% 5.78 0.18

El Nasr Clothing and Textiles -KABO disclosed its financial statements for the first half of the fiscal year 2014-2015.

 

The statements have reflected net loss of EGP10.3 million ($1.4 million) against EGP17.3 million ($2.3 million) for the corresponding period of the previous year.

 

The textile producer has succeeded in narrowing its losses by 38.7%.