Golden Textiles & Clothes Wool announced standalone and consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, on standalone basis, the company reported net loss of EGP 3,491,314 compared to net profit of EGP 6,568,591 a year ago. For the quarter, on consolidated basis, the company reported net loss of EGP 3,470,174 compared to net profit of EGP 6,592,076 a year ago.