The Clap:
Dice for Ready-Made Garments added over EGP 119 million to its bottom line and saw healthy revenue growth in the first quarter of the year.
Revenues:
Dice’s top line grew 44.1% YoY to EGP 993.4 million in 1Q 2024.
Gross profit:
The company grew its gross income 36.3% YoY to EGP 289.1 million.
Operating profit:
The garment maker saw a 34.8% YoY rise in operating profit to EGP 193.1 million during the quarter.
Net profit:
The company raked in EGP 119.15 million in net income for the quarter, recording a 634.5 % rise YoY.