Tuesday 22 January 2019

GB Auto Q2 net profit rises 452pc

CAIRO, August 10, 2016

Egyptian auto distributor GB Auto more than quadrupled its second-quarter net profit to E£123.75 million ($13.94 million) from E£22.4 million pounds last year, the company said on Wednesday.

It said its sales climbed by over 22 percent to E£3.93 billion from E£3.21 billion in the same period last year. - Reuters

Tags: Egypt | GB Auto |

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