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ICMI acquires 5% stake in 2 drug firms

ICMI acquires 5% stake in 2 drug firms
Photo Credit: Arabianeye-Reuters
ICMI
ICMI
9.95% 1.55 0.14

Cairo – Mubasher: International Company for Medical Industries (ICMI) signed an agreement to buy a 5% stake in United Group for Production of Medical Necessities (alfa medical) and New Alpha for Production of Medical Supplies for EGP 860,000.

ICMI reported net profits of EGP 78,400 for the first quarter of 2015, compared with EGP 54,300 for the same period of the previous year.