KABO posts EGP 17m in Q1-25/26 unaudited consolidated net profits

The consolidated net profits after tax of El-Nasr Clothing and Textiles Company (KABO) reached EGP 17.24 million in the first quarter (Q1) of fiscal year (FY) 2025/2026.

The Q1-25/26 results were lower by 9% than EGP 18.96 million in the same period a year earlier, according to the unaudited financial results.

Furthermore, the consolidated net revenues reached EGP 285.09 million as of 30 September 2025, which signaled a 10% year-on-year (YoY) growth from EGP 258.71 million as registered at the end of September 2024.

It is worth noting that KABO earlier decreased its ownership in Alexandria Spinning and Weaving Company (Spinalex) from 27.09% to 26.55%.