Dice’s profits surge 107% in 9 months

CAIRO – 17 November 2019: Dice Sport and Casual Wear (Dice) marked a 107 percent increase in its standalone profits during the first nine months of 2019, recording profits of LE 98.16 million, compared to LE 47.4 million during the same months of 2018.

The company’s filing to the Egyptian Exchange (EGX) showed that sales hiked to LE 979.9 million during 2019 period, compared to LE 883.6 million in the compared period.

Dice’s profits decreased 1.2 percent 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.

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.