(AFX UK Focus) 2010-03-07 18:32 UPDATE 1-Egypt's GB Auto 2009 Q4 net surges to $16 mln (Interactive Investor)

7 March 2010, 10:56 am

CAIRO, March 7 (Reuters) - Egypt's GB Auto, beating forecasts, said fourth-quarter net income soared to 89.9 million Egyptian pounds ($16.39 million), adding it saw recovery in the car market with sales climbing further in 2010. A Reuters poll of three analysts forecast on average that Q4 net income of Egypt's biggest listed automobile assembler would be 75.5 million pounds. Net income in Q4 ...... Read More »

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