Arab Finance: Barbary Investment Group’s (BIG) standalone net losses after tax dropped 47.16% year on year (YoY) to EGP 460,451 during the first nine months of 2023 from EGP 871,371, according to the financial statement sent to the Egyptian Exchange (EGX) on November 13^th.

Sales rose to EGP 6.231 million during the January-September period of this year from EGP 3.906 million during the same period in 2022.

BIG is an Egypt-based holding company that provides automotive auto parts, products of the original equipment manufacturer, and aftermarket spare parts.

The company’s diversified portfolio includes establishing one-stop shops for automotive parts, strategic acquisitions of automotive brands, automotive dealerships, and manufacturing and assembly of related automotive factories.

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