Cairo – Mubasher: The board of directors of Speed Medical Company approved a fair value (FV) study of the New Al Safwa Specialized Hospital Company by the independent financial advisor Solution For Financial Consultancy In Securities.
The board also approved the auditor’s report for studying the FV of the New Al Safwa Specialized Hospital, according to a bourse disclosure on Monday.
Earlier, Solution For Financial Consultancy In Securities has estimated the FV of the New Al Safwa Specialized Hospital Company’s stock at EGP 725.66.
In 2020, Speed Medical achieved net profits of EGP 79.2 million, up from EGP 17.09 million in 2019, including minority shareholders’ rights.
