Cairo – Mubasher: GMC for Industrial Commercial & Financial Investments said Sunday it generated EGP 1.12 million ($143,400) net profit for the first nine months of 2015, a surge of 354% year-on-year from EGP 246,100 ($31,500).
The company’s revenues rose to EGP 3.1 million from EGP 1.3 million in the first nine months of 2014.
The industrial investment firm earlier posted a 507.6% jump in net profit for the first half of 2015.
