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El Nasr Clothing posts loss in nine months period
13
May '10
El Nasr Clothing & Textile Co., an Egyptian garment manufacturer disclosed that it posted a net loss of 6.9 million Egyptian pounds or US $1.23 million for the nine months, ending March 2010.

El Nasr had reported a net loss of 1.5 million Egyptian pounds, in the corresponding period of the previous fiscal year.

The clothing company is a producer of innerwear and outerwear for men, women and children and exports 40 percent of its goods to various overseas countries.

Fibre2fashion News Desk - India

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