Cairo – Mubasher: Dice Sport and Casual Wear turned to net losses of EGP 92.76 million in the first half (H1) of 2020, against net profits of EGP 73.014 million in the same period in 2019, the consolidated financial statements showed.

In addition, the company’s sales retreated to EGP 445.11 million in the January-June period from EGP 731.29 million in the year-ago period, according to a bourse filing on Sunday.

Dice’s standalone financials statements showed net losses of EGP 101.5 million in H1-20, versus net profits of EGP 56.98 million in H1-19.

During the first three months of the year, the company incurred net losses of EGP 43.27 million, compared to net profits of EGP 31.06 million in the corresponding period a year earlier.