KABO signs apparel production deal with Yassin Textile
Updated 10/16/2025 9:59:00 AM
Arab Finance: El Nasr Clothing and Textiles Company (KABO) penned an agreement with Yassin Textile in line with its strategy to expand and reinforce partnerships in the export field, according to a bourse statement.
The collaboration will enable KABO to raise its performance efficiency, verify its income resources, and anchor its position in the textile sector.
The first phase of their joint project to produce clothing will commence on October 25th, 2025, with expected sales of $600,000. This includes an annual plan to expand sales to $2 million.
These products will include US POLO KIDS SETS, US POLO BABY, and ROLY POLY.
In fiscal year (FY) 2024/2025, KABO recorded a 71.72% year-on-year (YoY) increase in standalone net profits, reaching EGP 167.815 million, compared with EGP 97.722 million in FY2023/2024.
KABO is an Egypt-based company, operating within the production of underwear for men, women, and children of all ages. It sells its products in Egypt, the Middle East, as well as Africa.
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