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Grand Capital profit skyrockets 227% in 9M

Grand Capital profit skyrockets 227% in 9M
Photo Credit: Arabianeye-Reuters
Grand Investment Capital
GRCA
289.20% 53.32 39.62

Grand Capital for Financial Investments announced its consolidated financial statements for the nine-month period ended December 31, 2014.

 

The statements have reflected significant growth in the company's net profit up by 226.7% to reach EGP4.33 million ($564 thousands), compared to EGP1.3 million ($170 thousands) for the corresponding period of previous year.

 

Meanwhile, the company has achieved revenues of EGP9.8 million in this period of 2014, against EGP7 million in the same period of preceding year.