Cairo - Mubasher: Dice Sport and Casual Wear reported profits of EGP 68.34 million in the first quarter of 2016 versus losses of EGP 4.5 million for the same period last year.
The company said in a statement to the Egyptian Exchange (EGX) on Tuesday that sales reached EGP 218.13 million in the first three months of the year compares to EGP 88.52 million in Q1-16.
In a separate bourse filing, the company said that it achieved foreign exchange losses of EGP 192.02 million of which around 80% are unrealized losses as exports will have a positive effect in the coming years.
