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Speed Medical Co (SPMD)

Last update: 28 March 01:27 PM market time.
0.43
-0.01
-1.61%
Open 0.43
Previous Close 0.43
High 0.44
Low 0.43
Stock Statistics
Volume 5,085,827
Turnover 2,187,491.00
All data are 15 minutes late during market session

News

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19 December 2022 00:01 PM Speed Medical turns to losses in 9M-22
Cairo – Mubasher: Speed Medical Company (SPMD) switched to consolidated net losses of EGP 84.75 million during the first nine months (9M) of 2022, versus net profits of EGP 164.35 million in the year-ago period. Loss per share during 9M-22 …
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7 December 2022 11:47 AM Shareholder ups stake in Speed Medical for EGP 3.5m
Cairo – Mubasher: Shareholder Sadek Ahmed Sadek ElSewedy has increased his stake in Speed Medical Company (SPMD) to 5.20% from 4.49% for a total value of EGP 3.50 million. The shareholder purchased 7.85 million shares at an average share price of …
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6 December 2022 11:59 AM Shareholder exits from Speed Medical for over EGP 28m
Cairo – Mubasher: Shareholder Sherif Alaa Ahmed El-Zayat has sold his entire 6.01% stake in Speed Medical Company (SPMD) for a total value of EGP 28.86 million. El-Zayat sold 66.65 million shares at an average price of EGP 0.43 per share, …
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13 October 2022 11:36 AM Speed Medical turns to loss in H1-22
Cairo – Mubasher: Speed Medical Company (SPMD) turned to a consolidated net loss of EGP 74.90 million during the first half (H1) of 2022, versus net earnings of EGP 88.21 million in H1 of last year. The company’s revenues fell to EGP 85.24 million …
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27 July 2022 07:04 PM El-Sewedy Cement enters Speed Medical for EGP 5m
Cairo – Mubasher: El-Sewedy Cement Company has entered the shareholders’ equity ownership of Speed Medical Company after it acquired 0.90% stake on 24 July. El-Sewedy Cement purchased 10 million shares for a total of EGP 5.24 million, at an …
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14 July 2022 05:31 PM Atlantica Holdings raises stake in Speed Medical to 15%
Cairo – Mubasher: Atlantica Holdings has increased its equity ownership in Speed Medical Company to 15.01% from 13.87%, according to a bourse filing. Atlantica Holdings purchased 12.60 million shares in the listed company for EGP 6.43 million, at …
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7 July 2022 01:46 PM Speed Medical completes exit from Prime Speed Medical
Cairo – Mubasher: Speed Medical Company (SPMD) has completed its exit from Prime Speed Medical Services Company. The company has sold 30,000 shares, equivalent to its 30% stake in Prime Speed Medical Services Company, according to a bourse filing …
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16 February 2022 11:58 AM Speed Medical's consolidated profits hike 71% in 2021
Cairo – Mubasher: The consolidated net profits of Speed Medical Company surged by 71.4% year-on-year (YoY) to EGP 135.76 million in 2021, compared to EGP 79.2 million, including minority shareholders' rights. The company generated revenues of …
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5 December 2021 03:53 PM Speed Medical plans to inject EGP 175m investments in 2022
Cairo – Mubasher: Speed Medical Company aims to inject EGP 175 million in new investments during 2022, according to a bourse filing on Sunday. Through these investments, the company aims to raise the number of the medical analysis lab's branches …
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18 November 2021 00:22 PM Speed Medical to exit Prime Speed Medical, Misr Labs
Cairo – Mubasher: The board of Speed Medical Company (SPMD) has approved the complete exit from Prime Speed Medical Services Company, in which the company owns a 30% stake. The company will exit from Prime Speed Medical, provided that the …
The company generated revenues of EGP 296.15 million
18 November 2021 11:53 AM Speed Medical's profits skyrocket 239% in 9M
Cairo – Mubasher: The consolidated net profits of Speed Medical Company surged by 239% to EGP 166.77 million during the first nine months of 2021 from EGP 49.08 million in the year-ago period. The company generated revenues of EGP 296.15 million …
The deal included the purchase of 1.26 million shares for EGP 2.248 million
24 October 2021 04:18 PM Atlantica Holdings ups stake in Speed Medical
Cairo – Mubasher: Atlantica Holdings Inc has increased its stake in Speed Medical Company to 5.057% from 4.94%. The deal included the purchase of 1.26 million shares for EGP 2.248 million, averaging EGP 1.782 per share, according to a bourse …
The company plans to boost revenues by adding more drive-thru testing facilities
19 October 2021 00:41 PM Speed Medical reveals financial impact of COVID-19 drive-thru testing deal
Cairo – Mubasher: Speed Medical Company revealed the impact of the recently-signed COVID-19 drive-thru testing contract on its revenues and profits.  The total revenues of the drive-thru testing facilities will be added to the company's standalone …
The 24-month deal will have a positive impact on financial results starting from Q4-21
17 October 2021 01:29 PM Speed Medical inks COVID-19 drive-thru testing contract
Cairo – Mubasher: Speed Medical Company signed a contract with the owner of the rights of the COVID-19 drive-thru testing facilities in Egypt. Under the contract, the management and operation of drive-thru testing facilities and their revenues …
Speed Labs will conduct PCR tests for a minimum of 600,000 travellers
26 September 2021 01:39 PM Speed Medical inks deal to conduct PCR tests for workers travelling to Libya
Cairo – Mubasher: Speed Medical Company announced that one of its subsidiaries responsible for transferring Egyptian workers to Libya has signed an agreement with MEDAF Investments Holding. Under the contract, Speed Labs will conduct pre-travel …
The company inaugurated 10 new branches over the last three months
6 September 2021 11:09 AM Speed Medical reveals latest updates on new projects, deals
Cairo – Mubasher: Speed Medical Company disclosed the latest updates of its new projects and acquisition deals.  The company has signed several acquisition deals that are currently awaiting the Ministry of Health's approval, including 50%+1 …
The group will provide Speed Medical Company with a share subscription facility
1 September 2021 01:06 PM Speed Medical inks EGP 1.57bn financing agreement with investment group
Cairo – Mubasher: Speed Medical Company has signed a financing agreement worth EGP 1.57 billion with GEM Global Yield (GGY), the Luxembourg-based private alternative investment group. Under the three-year agreement, the investment group will …
The information about not acquiring Prime Speed was clearly known to all dealers
31 August 2021 03:33 PM Speed Medical responds to shareholder's complaint on Prime Speed deal
Cairo – Mubasher: Speed Medical Company commented on a complaint from a shareholder regarding retracting a decision to acquire Prime Speed Healthcare.  The company said that the acquisition contract was signed on 31 March, but the Financial …
Prime Speed has a single activity which can be discontinued in a period of 18 to 20 months
26 August 2021 01:40 PM Speed Medical retracts decision to acquire Prime Speed
Cairo – Mubasher: The board of directors of Speed Medical Company decided not to acquire Prime Speed Healthcare and expressed its satisfaction with its 30% stake in Prime Speed Medical Services, according to a bourse disclosure on Thursday.  …
The FRA asked the company to disclose Prime Speed acquisition deal
25 August 2021 10:51 AM FRA orders trading suspension on Speed Medical's shares
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) has ordered the suspension of trading on the shares of Speed Medical Company. The trading will remain suspended until Speed Medical responds to the FRA's inquiries regarding the …
The revenues hiked to EGP 175.06 million in the January-June period
16 August 2021 03:00 PM Speed Medical's profit soars 409% in H1-21
Cairo – Mubasher: Speed Medical Company registered a 408.8% year-on-year (YoY) surge in its consolidated net profits, logging EGP 108.07 million in the first half (H1) of 2021, compared to EGP 21.24 million.  The revenues hiked to …
The plan includes raising the number of beds at Speed Hospital in Obour with EGP 70 million
5 August 2021 01:05 PM Speed Medical allocates EGP 400m for future investment plan
Cairo - Mubasher: Speed Medical Co announced the allocation for EGP 400 million for its future investment and expansion plan.  The plan includes increasing the number of beds at Speed Hospital in Obour with investments of EGP 70 million and …
Speed Hospital in Obour is scheduled for completion by the end of 2021
4 August 2021 01:07 PM Speed Medical Company's Chairman announces future investment plan
Cairo - Mubasher: Speed Medical Company's Chairman, Mahmoud Lashin, announced the future investment plan after his stake in the company reached more than 25%.  The company currently owns 120 labs and plans to increase the number of Speed Medical …
Speed Labs will obtain 55% of cash revenue and 75% of contract revenue
11 July 2021 01:38 PM Speed Medical inks deal to manage Sharaf Hospital's lab
Cairo - Mubasher: Speed Medical Company signed a contract for the management of Sharaf Hospital's medical laboratory in the 10th of Ramadan City. Under the revenue-sharing scheme, Speed Labs will obtain 55% of cash revenue and 75% of contract …
Examinations will be conducted for about 1 million Egyptians
5 July 2021 00:32 PM Speed Medical's unit pens pre-employment test deal worth about EGP 965m
Cairo - Mubasher: Speed Medical Company announced that the CEO of its wholly-owned subsidiary Speed Labs, Mahmoud Abdel Wahab Ahmed Elewa, signed a contract to conduct pre-employment examinations in 120 sites affiliated to Speed Medical in 17 …