Egypt's GB Auto Q4 net profit down 29%

Reuters , Sunday 1 Mar 2015

Egyptian auto distributor GB Auto's fourth-quarter net profit fell 29 percent year-on-year to 32.1 million Egyptian pounds ($4.21 million), from 45.1 million the same period last year, the company said on Sunday.

The company reported that full-year net profit was up 50 percent to 174 million Egyptian pounds.

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