Net loss for the quarter was 5.65 million Egyptian pounds,
compared with a loss of 1.25 million Egyptian pounds in the same period
last year, according to a bourse statement. .The firm has retail outlets in Egypt under its flagship brand Jil .
Kabo is 49 percent owned by Amwal Al Arabia, the textiles arm of
Arab Cotton Ginning Co and sister company Egypt Ginning. Kabo owns Wave,
a local apparel retailer, and has a stake in Alexandria Spinning and
Weaving .
.Last August, the company, one of the earliest public firms to be
privatised, said it lost exports worth about 4 million Egyptian pounds
after it was hit by a labour strike inspired by the Egyptian uprising
that toppled President Hosni Mubarak in February .