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29-Jan-2017

General Silos and Storage Company reports earnings of EGP12.7mn for 2Q16/17

General Silos and Storage Company [GSSC.CA] reported its 2Q16/17 financial results, showing profit of EGP12.7mn (+43% Y-o-Y, vs. profit of EGP77,000 in 1Q16/17). Revenues came in at EGP99.8mn (-25% Y-o-Y, +64% Q-o-Q), while gross profit came in at EGP24mn (+1% Y-o-Y, vs. a loss of EGP1.1mn in 1Q16/17). (Company disclosure)

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