ICMI’s consolidated profits surge 281.05% YoY in Q1

Updated 6/3/2024 10:15:00 AM
ICMI’s consolidated profits surge 281.05% YoY in Q1

Arab Finance: International Company for Medical Industries (ICMI) reported a 281.05% year-on-year (YoY) increase in consolidated net profits attributable to the company’s worth EGP 482,703 during the first quarter (Q1) of 2024, up from EGP 126,678 during the first three months of 2023, as per a filling on June 3rd.

Sales totaled EGP 11.586 million up from 2.584 million in the three-month period ended March 31st of 2023.

The firm garnered EGP 93,947 million in standalone net profits during the first three months of 2024, down from EGP 126,678 during Q1 2023.

Established in 2004, ICMI operates within the healthcare equipment and services sector focusing on healthcare equipment.

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