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IN BRIEF: Integrated Diagnostics Says 2020 Revenue Ahead Of Year Prior

18th Feb 2021 13:55

Integrated Diagnostics Holdings PLC - consumer healthcare firm with operations in Egypt, Jordan, Sudan and Nigeria - Expects revenue for 2020 of around EGP2.6 billion, up 13% from EGP2.23 billion recorded for 2019 and ahead of guidance of between EGP2.3 billion to EGP2.4 billion. Notes results reflect strong contribution from PCR and Covid-19-related testing in Egypt and Jordan as well as the ramping up of the company's house call services in both countries. PCR means polymerase chain reaction, a method of taking a small sample of DNA to study.

Current stock price: USD1.13, up 7.6% on Thursday

Year-to-date change: up 2.7%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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