ArabFinance:  Grand Investment Capital (GRCA) announced, in a statement sent to EGX, the audited financial results for the financial period starting April 1 and ending Dec. 31, 2019.

The company incurred consolidated net losses of EGP 3,675,017, against posting net profits of EGP 4,860,617 in the same period a year ago, taking into account the minority rights.

Moreover, it incurred standalone net losses of EGP 1,970,391, against posting net profits of EGP 3,780,199 in the same period last year.