Edition:
United States

GB Auto SAE (AUTO.CA)

AUTO.CA on Cairo Stock Exchange

3.25EGP
22 Oct 2017
Change (% chg)

£-0.15 (-4.41%)
Prev Close
£3.40
Open
£3.39
Day's High
£3.39
Day's Low
£3.21
Volume
1,103,451
Avg. Vol
4,248,790
52-wk High
£3.52
52-wk Low
£1.83

Latest Key Developments (Source: Significant Developments)

Egypt's GB Auto posts Q2 consol loss
Wednesday, 9 Aug 2017 12:44am EDT 

Aug 9 (Reuters) - GB AUTO :Q2 CONSOL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS EGP 150.9 MILLION VERSUS PROFIT OF EGP 124.4 MILLION YEAR AGO.Q2 CONSOL SALES EGP 4.18 BILLION VERSUS EGP 3.93 BILLION YEAR AGO.  Full Article

Egypt's GB Auto posts Q1 loss
Thursday, 11 May 2017 07:42am EDT 

May 11 (Reuters) - GB Auto ::Q1 total revenue EGP 2.96 billion versus EGP 2.93 billion year ago.Q1 gross profit EGP 500 million versus EGP 442.4 million year ago.Q1 net loss EGP 154.5 million versus profit of EGP 28.6 million year ago.Revenues from motorcycles and three-wheelers division in Egypt fell 10.4pct y-o-y in Q1 to EGP 380.5 million.  Full Article

Egyptian Exchange says N.R Investments purchases 135.4 mln shares of GB Auto
Wednesday, 5 Apr 2017 08:46am EDT 

Gb Auto Sae : N.R Investments purchases 135.4 million shares of GB Auto at EGP 2.68 per share , raises stake in co to 12.379 percent Source:(http://bit.ly/2nJHXyT) Further company coverage: [AUTO.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egyptian exchange updates on GB Auto shares block trading
Tuesday, 4 Apr 2017 04:45am EDT 

Egyptian Exchange: Block trading on gb Auto shares worth EGP 362.9 million implemented on april 04 Source:(http://bit.ly/2nWBGCx) Further company coverage: [AUTO.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's GB Auto posts Q4 loss
Sunday, 26 Mar 2017 11:55pm EDT 

GB AUTO : Q4 Net loss EGP 1.06 billion vs net profit of EGP 28.1 million year ago . Q4 Revenue EGP 4.11 billion vs EGP 2.69 billion year ago . Egyptian pound floatation resulted in foreign exchange losses of EGP 1.0 billion in Q4 which led to net loss of EGP 1.06 billion in Q4 Source: (http://bit.ly/2nYaDrA) Further company coverage: [AUTO.CA] (Reporting by Ateeq Shariff) ((AteeqUr.Shariff@thomsonreuters.com;)).  Full Article

Egyptian Exchange updates on Gb Auto shares' block trading
Thursday, 23 Feb 2017 03:35am EST 

Egyptian Exchange: Block trading on Gb Auto shares worth EGP 76.9 million implemented on Feb 23 Source: (http://bit.ly/2mf8Z0C) Further company coverage: [AUTO.CA] (((Bengaluru Newsroom; +1 646 223 8780; ))) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

GB Auto says devaluation of EGP impacted FX costs, demand remains strong
Thursday, 10 Nov 2016 10:14am EST 

GB Auto Sae : Says while continued devaluation of EGP impacted FX costs, consumer demand remained strong despite inflationary pressures . "Remains on track with its motorcycles and three-wheeler manufacturing strategy, which should see production commence by the end of Q1 2018" . "Very optimistic regarding the medium and long-term outlook for the economy and for industry" Source: (http://bit.ly/2emfVbX) Further company coverage: [AUTO.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's GB Auto sees demand revival as dealers' inventories fall

CAIRO, Aug 17 GB Auto, the Egyptian automotive assembler and manufacturer, expects demand for cars to pick up by the end of 2017 as dealers run down inventories, the company's CEO said on Thursday.