Ghabbour Auto
As for the standalone results, the losses of the independent company declined during 2021 to reach LE 2.41 million, compared to losses amounting to about LE 9.03 million during 2020.
GB Auto’s financial indicators revealed an increase in sales to LE 216.15 million during January-March period of 2020, up from LE 5.84 million during the same period of 2019.
Standalone results hit losses of LE 535 million during the nine months of 2019, compared to losses of 1.23 million during the same period of 2018.
Ghabbour Auto achieved LE 5.5 billion in revenues during the fourth quarter of 2017, driven by growth in most production lines.
Gross profit fell 16.6 percent year-on-year to LE 473.3 million in Q2 of 2017, yielding a gross profit margin of 11.3 percent.
Pharos holding concluded that four companies will be excluded after EGX reviewed the stocks listed on EGX30 on the period from February to August on a certain criteria.
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