GB Auto (S.A.E.) Provides Earnings Guidance for the Second Quarter of the Year 2020

GB Corp S.A.E. (formerly GB Auto S.A.E.) specializes in assembling and distributing automotive vehicles and motorcycles. Net sales break down by activity as follows: - sale of individual vehicles (33.9%): Hyundai, Mazda and Geely brands; - sale financing services (19.5%); - sale of motorcycles (12.7%): Bajaj brand; - sale of utility vehicles (4%): buses and trucks (Volvo, Mitsubishi, Fuso brands, etc.). The group also provides building engines; - other (29.9%): sale of tires (Lassa, Yokohama, Rotalla, Grandstone brands, etc.), etc.