ArabFinance: Dice Sport and Casual Wear (DSCW) has turned to profitability in the full year ended December 31st 2021, according to the company’s financial statements filed to the Egyptian Exchange (EGX) on April 6th.

The company has recorded a consolidated net profit attributable to the parent company of EGP 31.82 million in 2021, versus a net loss of EGP 56.92 million in 2020.

Consolidated net sales amounted to EGP 1.59 billion last year, up from EGP 1.23 billion in 2020.

Meanwhile, the company’s standalone net profit after tax stood at EGP 20.79 million in 2021, compared to a loss of EGP 79.12 million in 2020.

Dice is an Egypt-based company engaged in the casual wear garments and textile industry.

The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.