Arab Finance: El Nasr Clothing and Textiles Company (KABO) has turned to profitability during the previous fiscal year (FY) 2022/2023, according to the company’s financial statements filed to the Egyptian Exchange (EGX) on October 30^th.

The company has garnered a consolidated net profit after tax attributable to the parent company of EGP 52.533 million in FY 2022/2023, versus net losses amounting to EGP 25.139 million in FY 2021/2022.

Net sales climbed to EGP 572.585 million during the July 2022-June 2023 period, up from EGP 362.730 million a FY earlier.

The firm also generated EGP a standalone net profit after tax of EGP 20.505 million in FY 2022/2023, versus net losses of EGP 37.614 million in FY 2021/2022.

KABO is an Egypt-based company that is engaged in the manufacturing of underwear for men, women, and children of all ages. The company operates through Jill, an underwear, and loungewear brand, and sells its products in Egypt, the Middle East, and Africa.

KABO’s consolidated profits shrink 95% YoY in 9 months Updated 6/19/2025 10:03:00 AM

United for Housing’s Q1 consolidated profit up 203.71% YoY Updated 5/29/2025 9:44:00 AM

Amer Group posts 0.27% YoY consolidated profit uptick in Q1 2025 Updated 5/29/2025 9:39:00 AM

Foodico’s profits rise 32.87% YoY in Q1 2025 Updated 5/29/2025 9:33:00 AM

Misr Duty Free Shops’ consolidated profits rise 20.79% YoY in 9 months Updated 5/29/2025 9:26:00 AM