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 acquisition deal of Prime Speed, the authority said in a statement to the Egyptian Exchange (EGX) on Wednesday.
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.
