Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss for the year to the end of June of LE 13.3 million ($2.3 million), the stock exchange said on Wednesday.

The firm made a net loss of LE 7.2 million in the same period a year earlier, the exchange added.

Kabo produces underwear and outer clothing for men, women, and children. It exports around 28 percent of its products to Europe and Arab countries.