Garment marker Kabo’s nine-month net profit jumps to 25 mln Egyptian pounds
Egypt’s El Nasr Clothing and Textiles Company- Kabo reported Tuesday that net profit climbed to 25 million Egyptian pounds in a period of nine months ended on March 2017.
The garment marker company earlier made a net loss worth 6.2 million pounds during nine months ended on March 2016.
The company, one of the earliest public firms to be privatised, has retail outlets in Egypt under its flagship brand Jil.
El Nasr Clothes and Textile Company SAE (Kabo) is an Egypt-based company engaged in manufacturing cotton-based underwear and outer garments. Kabo’s range of products includes training suits, sweat shirts, polo shirts, T-shirts, pajamas, women’s wear, men’s underwear and children’s wear. The Company produces its products under the brand name, Jil.
Kabo exports its production to several European and Middle East countries, such as Germany, the United Kingdom, France, Denmark and Sweden, Saudi Arabia, Kuwait, United Arab Emirates, Qatar, Oman, Bahrain, Iraq and Jordan, as well as to the United States and Canada in North America.
Kabo exports its production to several European and Middle East countries, such as Germany, the United Kingdom, France, Denmark and Sweden, Saudi Arabia, Kuwait, United Arab Emirates, Qatar, Oman, Bahrain, Iraq and Jordan, as well as to the United States and Canada in North America.
