Investor Presentation 3Q23
Corp
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EGYPT MOTORCYCLES & THREE-WHEELERS
The segment's volumes fell 70.9% y-o-y in 3Q23 due to the phasing out of the three-wheeler inventory, as well as import
restrictions and limited FX availability impacting inventory. Meanwhile, volumes increased 19.1% q-o-q in 3Q23 as a result
of improving supply conditions and the introduction of a new tricycle, which is gaining traction in the market. Consequently,
revenue was down 68.4% y-o-y in 3Q23. On a YTD basis, volumes were down 83.9% y-o-y in 9M23 resulting in an 81.3%
decline in revenues in 9M23.
3Q22
2Q23
3Q23
Q-o-Q
Y-O-Y
9M22
9M23
Y-o-Y
Three-Wheeler Sales
(Units)
Volume
5,444
24,213
3
Tricycle Sales Volume
(Units)
321
321
Motorcycle Sales Volume
(Units)
6,383
2,886
3,115
19.1%
-51.2%
28,026
8,109
-71.1%
Total Sales Volume
(Units)
11,827
2,886
3,436
19.1%
-70.9%
52,239
8,433
-83.9%
Sales Revenue
(EGP million)
416.2
101.1
131.4
29.9%
-68.4%
1,625.4
303.5
-81.3%
GB Corp | Investor Presentation 3Q23
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