Dice reports 2.7% profit growth in 2019

EARNINGS WATCH- Dice profits grew 2.7% in 2019: Dice net profits rose to EGP 81.4 mn in 2019, up 2.7% from EGP 79.3 mn in 2018, the company said in a regulatory filing (pdf). Revenues increased 3.2% to EGP 1.35 bn, up from EGP 1.31 bn the previous year. Dice is looking to invest EGP 150 mn in the coming year, including its EGP 120 mn acquisition of Cairo Cotton which was agreed last month.