Dice Sport’s standalone profit soars 653.7% YoY in 9 months

Updated 11/14/2023 10:48:00 AM
Dice Sport’s standalone profit soars 653.7% YoY in 9 months

Arab Finance: Dice Sport and Casual Wear (DSCW) recorded a 653.71% year-on-year (YoY) hike in standalone net profit after tax in the first nine months of 2023, according to the financial statement filed to the Egyptian Exchange (EGX) on November 14th.

The company achieved a standalone net profit after tax of EGP 264.063 million in the nine-month period ended September 30th, compared to EGP 35.035 million in the same period of 2022.

Standalone net sales surged to EGP 3.19 billion in the January-September period from EGP 1.35 billion in the same period a year earlier.

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 and other knitting products.

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