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Speed Medical logs 10.5% lower consolidated losses in Q1 2026

Updated 9/10/2026 12:31:00 PM
Speed Medical logs 10.5% lower consolidated losses in Q1 2026

Arab Finance: Speed Medical Company recorded consolidated net losses attributable to the parent company of EGP 14.027 million in the first quarter (Q1) of 2026, according to the financial results.

This marks a 10.56% lower loss than the EGP 14.027 million incurred in Q1 2025.

Basic and diluted loss per share hit EGP 0.008, versus EGP 0.009. Revenues declined to EGP 7.161 million from EGP 11.326 million.

Regarding the standalone business, losses dropped to EGP 13.408 million from EGP 13.578 million.

Incorporated in 2015, the company specializes in the medical laboratory industry as well as running and managing all types of hospitals.

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