Net profits at GPA group

GPA has reported after-tax profits of $12 million (£7.74 million) for the quarter to the end of December last. The figures include exceptional costs of $9 million (£5.8 million). The group's net profits in the nine months was $36 million (£23.2 million) compared with net losses of $26 million (£16.7 million) in the same period last year. Revenues for the quarter amounted to $ 118 million (£76.1 million) compared with revenues of $240 million (£154.8 million) in the same period last year.