GCFI Says H1 Net Profits Hit EGP 928 K

Grand Capital for Financial Investments (GCFI) (GRCA.CA) has reported net profits of EGP 923.679 thousand during the first half of 2012, compared to net losses of EGP 622.928 thousand during the first half of 2011.

Moreover, GCFI’s standalone business results revealed net profits of EGP 532.193 thousand during H1/2012, compared to EGP 14.4 thousand during H1/2011.

Grand Capital for Financial Investments (GCFI) has been founded in 2007. It Operates the following dynamic set of sister companies; Grand investment for securities brokerage, Grand investment for Constituting and managing securities portfolios, Grand investment for leasing, Grand investment for trading.

GCFI is headquartered in Cairo. Its operations span locally and through Middle East and North Africa (MENA) region. Our core businesses are providing investment services and securities brokerage to both institutions and individuals. We are currently operating our brokerage activities through three branches in Cairo and three branches in other governorates, Alexandria, Damiatta, and Al Mansoura.