Concrete Fashion posts 65% YoY consolidated profit increase end-April

Updated 7/8/2024 10:32:00 AM
Concrete Fashion posts 65% YoY consolidated profit increase end-April

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.

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