Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss of LE 6.9 million ($1.23 million) for the nine months to end-March, the stock exchange said on Wednesday.

The firm made a net loss of LE 1.5 million in the same period a year earlier, the exchange added.

Kabo produces underwear and outerwear for men, women, and children. It exports around 40 percent of its products to Europe, the United States, Canada and Arab countries.