Dice records profits of LE 21.91M during Q1 2019

CAIRO – 29 May 2019: Dice Sport and Casual Wear (Dice) marked a 1.2 percent decrease in its standalone profits during the first quarter of 2019, recording profits of LE 21.91 million, compared to LE 22.18 million during the same quarter of 2018.

The company’s filing to the Egyptian Exchange (EGX) showed that sales hiked to LE 287.42 million during 2019’s period, compared to LE 267.53 million in the compared period.

On the other hand, the cost of salesrecorded LE 244.18 million at the end of March, compared to LE 219.3 million during the same period of 2018.

In 2018, the company achieved a net profit of LE 160 million, compared to LE 178.4 million during the previous year.

Dice operates within the consumer durables & apparel sector focusing on textiles. It has subsidiaries operating across Egypt. It’s listed on EGX since July 2008.
Dice capital hit LE 53 million, distributed over 265 million shares.