ICMI turns to profits in 9 months: Egypt

Established in 2004, ICMI operates within the healthcare equipment and services sector focusing on healthcare equipment

Staff Writer, Arab Finance

November 15, 2023

PHOTO

International Company for Medical Industries (ICMI) has turned to profits during the first nine months of 2023, according to the company’s financial indicators filed to the Egyptian Exchange (EGX) on November 14th.

The company has achieved net profits after tax of EGP 216,032 in the nine months to September 30th, versus net losses of EGP 567,203 in the same period of 2022.

Sales amounted to EGP 4.78 million, up 58% YoY from EGP 3.02 million in the first nine months of last year.

Established in 2004, ICMI operates within the healthcare equipment and services sector focusing on healthcare equipment.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.