Investor Presentation 3Q23
°
Corp
EGYPT AFTER-SALES
GB Auto operates the largest and fastest-growing network of after-sales services in Egypt, covering Passenger Cars,
Motorcycles & Three-Wheelers, and Commercial Vehicles & Construction Equipment.
Passenger Cars
Revenue from the passenger cars
after sales recorded an increase
of 9.6% q-o-q and 38.4% y-o-y,
reaching EGP 464.6 million in
3Q23. On a YTD basis, revenue
increased 47.6% y-o-y reaching
EGP 1,269.9 million in 9M23.
Motorcycles &
Three-Wheelers
After sales for motorcycles and
three-wheelers saw a slight
decline of 1.3% % q-o-q and
grew 10.7% y-o-y in 3Q23 to
record EGP 83.9 million. On a
YTD basis, revenue increased
19.4% y-o-y reaching 246.7 in
9M23.
P
Commercial Vehicles &
Construction Equipment
Revenues from the CV&CE
after-sales service increase by
27.8% q-o-q and 46.2% y-o-y
to EGP 100.6 million in 3Q23.
On a YTD basis, revenue
increased 36.4% y-o-y to EGP
264.8 million in 9M23.
3Q22
2Q22
3Q23 Q-0-Q Y-o-Y 9M22 9M23 Y-O-Y
Egypt After-Sales 5-Year Revenues
Progression
(all figures in EGP million)
Passenger Car AFS Revenue
649.1
(EGP million)
335.8
424.1
464.6 9.6% 38.4% 860.7 1,269.9 47.6%
480.3
374.1
2&3 Wheelers AFS Revenue
(EGP million)
306.5
290.9
75.7
85.0
83.9 -1.3% 10.7% 206.6 246.7 19.4%
CV&CE AFS Revenue
(EGP million)
68.8
Total AFS Egypt Revenue
(EGP million)
78.7 100.6 27.8% 46.2% 194.2 264.8 36.4%
480.3 587.8 649.1 10.4% 35.1% 1,261.4 1,781.4 41.2%
3Q19
3Q20
3Q21
3Q22 3Q23
GB Corp | Investor Presentation 3Q23
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