Grand Investment Capital profits jump to EGP 4M ending March 2019
Updated 5/20/2019 10:25:00 AM
ArabFinance: Grand Investment Capital (GRCA) announced in a statement sent to EGX, the audited financial results for the fiscal period starting April 01, 2018, and ending March 31, 2019.
The company posted consolidated net profits of EGP 4,324,360, versus net profits of EGP 1,879,180 in the same period a year ago, taking into account the minority rights.
Moreover, it posted standalone net profits of EGP 3,430,875, versus net profits of EGP 3,717,605 in the same period last year.
It is worth mentioning that the Board of Directors (BoD) suggested canceling profit distribution attributable to shareholders.
