GBGI profit takes a nose dive in 2017
GBGI has reported a sharp decrease in its pre-tax profits during the year 2017, which fell from $11.2 million in 2016 to $3.6 million in 2017.
However, GBGI’s Ebitda stood at $14.9m compared to $12.6m in 2016. The number excludes a $12.3m asset impairment in its Angolan business and initial public offering expenses of $0.4m.
The company’s
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