GMC denies having stake in GMC Industries
Updated 2/15/2021 10:05:40 AMArabFinance: GMC Group for Industrial, Commercial, and Financial Investments (GMCI) denied claims of having a stake in GMC for Engineering and Feeding Industries, according to the company’s February 14th statement to the Egyptian Exchange.
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.
