Cairo – Mubasher: Egypt’s leading vehicle assembler GB Auto said it is about to conduct ‘non-substantial’ restructuring for two subsidiaries.
The restructuring of RG Investment and JB Capital is aimed to organise and combine the company’s financing arms under a single umbrella, GB Auto added in a bourse filing Sunday.
The car make earlier posted EGP 209.66 million net profit for the first nine months of 2015, up from EGP 207.06 million reported in the prior-year period.
