Grand Investment turns to losses in 6 months

Cairo - Mubasher: Grand Investment Capital suffered EGP 2.96 million in losses for the financial period from 1 April to 30 September, against net profits of EGP 3.2 million for the comparable period of 2014.

The company logged losses of EGP 661,000 for the financial period from April until June 2015, against profits of 9,200 for the similar period of the previous year.

The firm is capitalized at EGP 39 million, distributed across 7.8 million shares at EGP 5 par value each.

Mubasher Contribution Time: 10-Nov-2015 10:05 (GMT)