December 8, 2020

Dice not selling Alexandria Clothing Company

ArabFinance: Dice Sport and Casual Wear will not sell or liquidate its subsidiary Alexandria Clothing Company (ACC), the listed company's head of investor relations Gamal George told Al Mal news website.

Dice acquired ACC in 2015, with an aim to reduce the unit's loss over 'a certain period of time,' he noted without disclosing an exact timeline.

The listed company projects to further reduce its loss in the last quarter of 2020, supported by the cost control plan it adopted.

Consolidated net loss stood at EGP 58,653,294 in the first nine months of 2020.

Dice is an Egypt-based company engaged in the casual wear garments and textile industry.

The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.

Categories : fashion

Finance & Economy

EGX30 to test its strength by breaching 10,000 points level this week

2021-06-13 07:00:00

The Egyptian Exchange (EGX) aims to test its ability to rise above the 10,000 points level, and continue trading above this level"...
Read More

M.B Engineering's standalone profit drop...
June 13, 2021
Egypt denies price hike of 90 strategic ...
June 13, 2021

Latest News


Mytheresa Partners With Vestiaire Collec...
June 9, 2021
Millennials propel rapid growth of the s...
May 26, 2021
The Estée Lauder Companies Increa...
May 19, 2021