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Atlantica Holdings ups stake in Speed Medical

Atlantica Holdings ups stake in Speed Medical
The deal included the purchase of 1.26 million shares for EGP 2.248 million
Speed Medical
SPMD
0.22% 0.46 0.00

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 disclosure on Sunday. 

During the first half (H1) of 2021, Speed Medical Company registered consolidated net profits of EGP 108.07 million, up from EGP 21.24 million in H1-20.