Arab Finance: Concrete Fashion Group’s consolidated net profits after tax and non-controlling interest rose by 64.7% year on year (YoY) in the period ended April 30th to $5.401 million, compared to $3.28 million, according to a disclosure.
However, revenues dropped to $32.378 million from $37.128 million.
As for standalone results, the firm recorded net profits after tax of $764,119 in the period ended April 30th, compared to $1.326 in net losses in the corresponding period last year.
Meanwhile, standalone operating revenues surged to $1.812 million from $39,040.