ICMI incurs losses in 2021

Updated 3/3/2022 11:35:27 AM

ArabFinanceInternational Company for Medical Industries (ICMI) has turned to losses in the full-year ended December 31st 2021, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

The company has incurred a net loss after tax of EGP 91,339 last year, versus a net profit of EPG 34,025 in 2020.

Moreover, the company has generated sales of EGP 1.074 million in 2021, down from EPG 2.18 million in 2020.

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