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Dice's FV estimated at EGP 2.7/shr

Dice's FV estimated at EGP 2.7/shr
The company incurred net losses of EGP 54.73 million in 2020
Dice
DSCW
1.27% 1.27 0.02

Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) said that the fair value (FV) of Dice Sport and Casual Wear has been estimated at EGP 2.70 per share after reviewing the valuation report prepared by Solid Capital, according to a statement to the Egyptian Exchange (EGX) on Tuesday.

In 2020, Dice turned to net losses of EGP 54.73 million, 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.