March 28, 2021

GB Auto distributes EGP 0.25/share dividend

ArabFinance: Ghanbbour Auto's (GB Auto) (AUTO) ordinary general assembly approves distributing cash dividends to shareholder worth EGP 273.5 million for 2020, according to the company’s filing to the Egyptian Exchange on March 28th.

The company will pay EGP 0.25 per share.

The assembly also approved reforming the company’s board of directors.

The company’s consolidated net profit reached EGP 916.95 million in 2020.

The Egypt-based automotive company's main activities include trading, distributing, and marketing of all transportation means, including heavy trucks, semi-trucks, passenger cars, buses, agriculture tractors, and pick-ups.


Categories : auto

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