Cairo – Mubasher: Dice Sport and Casual Wear turned into losses during the first quarter of 2016, according to its consolidated financial results.
The company suffered EGP 7.7 million losses in Q1-16 against EGP 15 million profits for the year-ago quarter, taking minority rights into consideration.
Meanwhile, its standalone results showed that the company lost EGP 4.5 million in the first three-month period, compared to EGP 4.25 million profits for the first quarter of 2015.
Over the fiscal year 2015, the company earned EGP 69.4 million, according to its consolidated financial results.