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Dice consolidated financials show EGP 31m profit in Q1

Dice consolidated financials show EGP 31m profit in Q1
Net earnings in consolidated financials shrank to EGP 31.06 million
Dice
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Cairo – Mubasher: The consolidated income statements of Dice Sport and Casual Wear registered a decline of 27.29% in profits during the first three months of 2019 compared to the corresponding quarter last year.

Net earnings in consolidated financials shrank to EGP 31.06 million in Q1-19 from EGP 42.72 million in Q1-18, according to a bourse disclosure to the Egyptian Exchange (EGX) on Sunday.

During Q1-19, cost of sales registered in the consolidated statements increased to EGP 267.13 million from EGP 222.22 million in Q1-18.

Last week, Dice announced its standalone financial statements for Q1-19 which showed a decrease of 1.2% in profits to EGP 21.91 million.