Speed Medical (SPMD) Board of Directors (BoD) agreed to exit from Prime Speed Medical Services Company, & Misr Labs, which SPMD owns a 30% stake in.
More details🧐 SPMD’s Bod also agreed to discharge the board of directors of Prime Speed & Misr Lab.
Why is this important🤔 SPMD plans to establish a new lab chain under the brand name “Al-Watan Laboratories,” with the goal of establishing 200 branches that operate similar to Misr Labs, & serves a larger segment of citizens.
SPMD Earnings📈 SPMD reported net profits of EGP 166.77 million in the first nine months of 2021, a 239% YoY increase from EGP 49.08 million.
