Cairo - Mubasher: Speed Medical Company signed a contract for the management of Sharaf Hospital's medical laboratory in the 10th of Ramadan City.

Under the revenue-sharing scheme, Speed Labs will obtain 55% of cash revenue and 75% of contract revenue, the company said in a bourse disclosure on Sunday. 

During the first quarter (Q1) of 2021, Speed Medical Company reported net profits of EGP 40.92 million, compared to EGP 7.17 million in the year-ago period.