Earnings Report /

GB Auto: 2Q22 – GB Capital steady as a rock; auto segment falters against a heavy storm

  • Passenger cars and 2&3 wheelers continue to suffer while the remaining LoBs soar; GB Capital running on a green track

  • Seasonality slumps A&AR's bottom line; Capital’s charged by trickling down of a healthy top line and cost optimization

  • Possible CKD portfolio to save volumes from sinking; GB Capital has a bright future; Maintain Overweight

Marina William
Al Ahly Pharos Securities Brokerage
17 August 2022


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