Kabo 2009 net loss $2.3 mln: bourse

Reuters
1 Min Read

Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss for the year to the end of June of LE 13.3 million ($2.3 million), the stock exchange said on Wednesday.

The firm made a net loss of LE 7.2 million in the same period a year earlier, the exchange added.

Kabo produces underwear and outer clothing for men, women, and children. It exports around 28 percent of its products to Europe and Arab countries.

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