Corporate news

Dice Garments Company [DSCW]

Commentary on the results for the first nine months of 2025

Net profit declined despite increased revenue.

Revenue grew by 26.7% during the first nine months of the year, reaching EGP 5.132 bn compared to EGP 4.052 bn for the same period of the previous year.

Gross profit decreased to EGP 1.199 bn during the period compared to EGP 1.434 bn for the same period of the previous year, a decrease of 16.38%. This was due to a rise in the cost of sales to EGP 3.9 during the period compared to EGP 2.6 for the same period of the previous year, an increase of 50.23%.

Administrative, general, and distribution expenses increased by 92%, leading to a decline in operating profit of 44% and net profit of 63%. The company needs to increase its sales volume to offset the increase in expenses and costs, especially given that the industry relies on importing raw materials and products from foreign markets, in order to improve net profit and profit margins.

Mostafa Amin - Equity Analyst

MAmin@egy.primegroup.org