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Grand Investment earnings drop to LE2 m ending March 2018

Grand Investment earnings drop to LE2 m ending March 2018

ArabFinance: Grand Investment Capital (GRCA) announced in a statement sent to EGX, the audited financial results for the fiscal period starting April 1, 2017, and ending March 31, 2018.

The company posted consolidated net profits of LE1,879,180, versus net profits of LE3,828,997 in the same period a year ago, taking into account the minority rights.

Moreover, it posted standalone net profits of LE3,717,605, versus net profits of LE4,461,624 in the same period last year.

The company's Board didn't suggest distribution of profits for the fiscal year ending March 2018

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