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GB Corp profits jump 24% to over EGP2.3 billion

Businessmen Team banks-exchange 15 November 2025 09:18 AM
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GB Corp profits jump 24% to over EGP2.3 billion

The consolidated financial statements for GB Corporation showed a 24% year-on-year increase in net profit during the first nine months of the current year.

The company announced a consolidated net profit of EGP 2.35 billion for the period from January to the end of September 2025, compared to a profit of EGP 1.9 billion in the corresponding period of 2024 (taking minority rights into consideration).

The company's consolidated revenues also saw a significant increase during the nine-month period, rising to EGP 57.52 billion, compared to revenues of EGP 35.4 billion in the comparative period last year.

In contrast, the unconsolidated (standalone) financial results showed that the parent company recorded a loss of EGP 81.78 thousand during the January-September 2025 period, compared to a profit of EGP 1.45 billion in the corresponding period of the previous year.