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Dice swings to loss in 2020

Dice swings to loss in 2020
The sales retreated to EGP 1.23 billion last year
Dice
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-1.97% 1.49 -0.03

Cairo – Mubasher: Dice Sport and Casual Wear turned to net losses of EGP 54.73 million in 2020, against net profits of EGP 120.8 million in 2019, including minority shareholders’ rights.

The sales retreated to EGP 1.23 billion last year, compared to EGP 1.57 billion in 2019, the company said in a bourse disclosure on Monday.

The standalone financial results showed net losses of EGP 79.12 million in 2020, versus net profits of EGP 87.48 million a year earlier.

During the first nine months of 2020, Dice reported net losses of EGP 56.56 million, against net profits of EGP 125.29 million in the same period in 2019, including minority shareholders’ rights.