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Grand Capital reports 76% profit loss

Grand Capital reports 76% profit loss

ArabFinance:  Grand Capital for Financial Investments (GRCA) reported a 76% Year on Year decline in its consolidated net loss in Quarter two (Q2) of 2020, according to the company’s August 17th financial statements filed to the Egyptian Exchange.

Consolidated net loss stood at EGP 1,079,138 in H1 of 2020, compared to EGP 611,201 incurred in H1 2019.

Standalone net loss reached EGP 486,162 in H1, a 15% rise from EGP 574,677 incurred in H1 of 2019.

Established in 2007, the company provides direct investments in the financial services sector.



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