ArabFinance: GB Auto (AUTO) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending Sept. 30, 2019.

The company posted consolidated net profits of EGP 174.07 million, compared to net profits of EGP 521.32 million in the same period a year ago, taking into account the minority rights.

Moreover, it incurred standalone net losses of EGP 535, compared to net losses of EGP 1,236,593 in the same period last year.

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