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GB Auto

GB Auto Q2 net profit rises 452pc

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 b

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GB Auto Q2 net profit rises 452pc

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 b

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Egypt's GB Auto reports 70pc fall in Q1 net profit

Ghabbour Auto's first-quarter net profit fell 70 per cent, the Egyptian auto distributor said in a bourse statement on Wednesday. The country's distributor of tuk-tuks and motorbikes made by India's Bajaj Auto has been

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Egypt's GB Auto urges support for industry to avert future crisis

Egypt's largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar shortage that disrupted production this year, and urged the government to support manufacturing to avert future crises.

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Egypt's GB Auto urges support for industry to avert future crisis

Egypt's largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar shortage that disrupted production this year, and urged the government to support manufacturing to avert future crises.

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Egypt’s GB Auto Q3 net profit up 90pc

Egyptian auto distributor GB Auto said on Wednesday its third-quarter net profit jumped nearly 90 per cent compared to a year earlier despite foreign currency shortages that have strained operations. GB Auto's third quarter ne

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Egypt’s GB Auto Q3 net profit up 90pc

Egyptian auto distributor GB Auto said on Wednesday its third-quarter net profit jumped nearly 90 per cent compared to a year earlier despite foreign currency shortages that have strained operations. GB Auto's third quarter ne

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Egypt's GB Auto calls for lower tariffs on car imports

Egypt's largest listed automotive assembler and distributor GB Auto has called for lower tariffs on car imports from the United States and Asia, fearing that free trade agreements signed with Europe, Turkey and Morocco will distort competiti

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GB Auto Q4 net profit down 29pc

Egyptian auto distributor GB Auto's fourth-quarter net profit fell 29 per cent year-on-year to EGP32.1 million ($4.21 million), from EGP45.1 million the same period last year, the company said on Sunday. The company reported t

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GB Auto Q4 net profit down 29pc

Egyptian auto distributor GB Auto's fourth-quarter net profit fell 29 per cent year-on-year to EGP32.1 million ($4.21 million), from EGP45.1 million the same period last year, the company said on Sunday. The company reported t

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