September 21, 2017 1:40 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Concrete For Readymade Garments Company

Company Overview

Concrete For Readymade Garments Company, a textile and clothing company, offers apparels for men, boys, and girls worldwide. It offers its apparel in various categories, such as concept, classic, casual, boys, and girls. The company was founded in 1989 and is based in Cairo, Egypt. It has stores in Nasr city, New Cairo, Maadi, Down Town, Giza, Zamalek, Mohandseen, Obour City, Dokki, Alexandria, Sharm El Shiekh, Hurghada, Mansoura, Shebin El Koom, Tanta, Fayoum, Damietta, and Mahala. Concrete For Readymade Garments Company operates as a subsidiary of Al Arafa for Investment and Consultancies Company (S.A.E.).

37, Gamet El Dowal El Arabia

Mohandesien

Giza

Cairo,  

Egypt

Founded in 1989

Phone:

20 2 37 488 784

Fax:

20 2 33 375 183

Key Executives for Concrete For Readymade Garments Company

Concrete For Readymade Garments Company does not have any Key Executives recorded.

Concrete For Readymade Garments Company Key Developments

Concrete for Ready-Made Garments S.A.E. Reports Earnings Results for the Fiscal 2015

Concrete for Ready-Made Garments S.A.E. reported earnings results for the fiscal 2015. For the year, the company reported revenue of USD 35.1 million compared to USD 37.3 million during last year, noting that revenues were affected by financial statements translation due to the depreciation of EGP against USD by 7.7% despite the uptick in sales on local currency (EGP) by 1.9%. The company outweighed the decline in sales through maintaining last year's Operating Profits of USD 7.2 million. Moreover, Net Profit after Tax increased by 16.7% during the year recording USD 5.6 million compared to USD 4.8 million attributed to the drop in both the financial expenses and the effective tax rate.

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Recent Private Companies Transactions

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