Arab Finance: Grand Investment Capital (GRCA) announced in a statement sent to EGX the audited financial results for the fiscal period starting April 1, 2016, and ending December 31, 2016.
The company posted consolidated net profits of LE3,391,592, versus net profits of LE3,382,199 in the same period a year ago.
Moreover, it posted standalone net profits of LE2,592,027, against incurring net losses of LE3,179,980 in the same period a year ago.
Floatation of EGP had no impact on FY results, the firm stated.