QUOTE AND NEWS
Reuters  Nov 6  Comment 
Egyptian vehicle distributor GB Auto said on Tuesday that its third quarter net income dropped 26.5 percent year-on-year to 65.4 million Egyptian pounds because its main passenger car supplier could not keep up with demand.
Reuters  Oct 15  Comment 
GB Auto, Egypt's biggest listed automobile company, has more than doubled capacity at its Prima plant where it assembles cars for Hong Kong-based Geely Automobile Holding.
Reuters  May 14  Comment 
Egyptian vehicle distributor GB Auto's first-quarter net profit rose 61 percent on improvements in vehicle sales, its financing business and other activities, the company said in a statement on Monday.
Reuters  Mar 27  Comment 
Egypt's biggest listed automobile assembler GB Auto Group will see higher sales across segments following a gradual improvement in the country's security and economic conditions, CI Capital said, and upgraded the stock to "buy" from "hold".
Reuters  Mar 5  Comment 
Egyptian vehicle distributor GB Auto reported an 8 percent rise in its fourth-quarter net income on Monday as soaring sales of its two and three-wheeled motorcycles offset a car market weakened by the recent political turmoil.
The Straits Times  Feb 21  Comment 
CAIRO (REUTERS) - GB Auto, Egypt's biggest listed automobile assembler, said on Tuesday it had agreed to assemble passenger cars provided by Hong Kong-based Geely Automobile Holding Ltd and begin distributing Geely cars in North Africa.
Reuters  Nov 13  Comment 
Egypt's GB Auto said on Sunday its third-quarter net income rose 25 percent year-on-year to 89.0 million Egyptian pounds, but said the return to growth may be temporary because of a volatile automobile market.
Reuters  Aug 8  Comment 
Egypt's GB Auto said its second-quarter net income fell 35 percent year-on-year to 50.5 million Egyptian pounds.
Reuters  Jul 11  Comment 
GB Auto, Egypt's biggest listed automobile assembler, said on Monday political turmoil dampened its second-quarter passenger car sales by 16 percent from a year earlier, a smaller decline than expected.
Reuters  Jun 7  Comment 
A recovery in Egypt's passenger car market will benefit GB Auto Group, the nation's biggest listed automobile assembler, Alembic HC said and upgraded the stock to "neutral" from "underweight."





 


References

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