ArabFinance: GMC Group for Industrial, Commercial, and Financial Investments’ (GMCI) board of directors to call for an extraordinary general assembly meeting (EGM) to be held, according to the company’s statement filed to the Egyptian Exchange on February 2^nd.

GMC posted a net profit of EGP 333,969 during the first half of 220, compared to EGP 1.7 million in the same period a year ago.

GMC Group is an Egypt-based public shareholding company engaged in the production of home appliances such as washing machines, dishwashers, electrical and gas ovens, air conditioners, and refrigerators.