GB Corporation, which is raised and traded on the Egypt Stock Exchange, increased by 10.24% in the middle of trading today, Wednesday, to trade at 18.74 pounds per share.
The trading on the share of GB Corp at that time through 1.66 trading, on 2.75 million shares with a trading value of 50.24 million pounds.
The highest price for the share was at that time at 19.19 pounds per share, while the lowest price per share was at 17 pounds per share.
The stock has touched the highest price since it was inserted on the stock exchange.
This rise comes after the company’s board of directors proposed for the shareholders of shareholders with a total value of 379.92 million pounds, and by 35 piasters per share, through two installments, the first by 20 piasters per share on April 17, and the second installment by 15 piasters per share next July 17.
The company achieved a growth in its annual net profit during the year by 68.9% at a value of 3.05 billion pounds, compared to profits of 1.81 billion pounds during the past year 2023.
GP Corporation, a company, is one of the leading companies in the field of innovation and technology globally, and was established in 1999, with the aim of integrating the latest technologies with practical solutions to enhance business efficiency and improve life quality.
Through its intensive investment in research and development, the company was able to provide innovative products and services that meet the needs of the changing market and set new standards in the fields of information technology, communications and smart manufacturing, and the company owns a group of subsidiaries that operate in various fields such as cars, financial services, logistics, and technological investments.
