El-Nasr Clothing & Textiles Co. (KABO) reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was EGP 236.37 million compared to EGP 124.39 million a year ago. Net income was EGP 44.74 million compared to EGP 10.85 million a year ago. Basic earnings per share from continuing operations was EGP 0.09 compared to EGP 0.02 a year ago.
For the six months, sales was EGP 428.75 million compared to EGP 217.68 million a year ago. Net income was EGP 70.85 million compared to EGP 14.97 million a year ago. Basic earnings per share from continuing operations was EGP 0.15 compared to EGP 0.03 a year ago.