GB Auto (S.A.E.) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EGP 1,918.9 million compared to EGP 1,170.9 million a year ago. Revenue was EGP 6,901.5 million compared to EGP 9,047.4 million a year ago. Net income was EGP 8,714.4 million compared to EGP 412.6 million a year ago.
For the full year, sales was EGP 6,534.9 million compared to EGP 4,436.3 million a year ago. Revenue was EGP 29,789.1 million compared to EGP 31,437.5 million a year ago. Net income was EGP 9,984.9 million compared to EGP 1,408.5 million a year ago.