Garment maker Kabo Q1 standalone profits up to 8mn Egyptian pounds

Egypt’s El Nasr Clothing and Textiles Company- Kabo reported Thursday an increase in its first-quarter standalone profits to 8 million Egyptian pounds ($454,384) from 983,574 pounds during the same period in 2016.

The company made standalone sales worth 80.9 million pounds up from 42.1 million pounds last year.