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Stock exchange head affirms SME market strength
Future Care Medical Industries successfully transitioned to the main market of the Egyptian Exchange, reflecting the efficiency of the small and medium-sized enterprises market and its support for the growth and expansion of companies. The company started with a capital of 4 million Egyptian pounds in 2012, and through the implementation of governance standards, its capital increased to 115 million pounds. Its market capitalization has approached one billion pounds, while maintaining the compliance standards required for joining the main market, which include a minimum capital of 100 million pounds. This milestone followed an increase in the company's capital from 57.5 million to 115 million pounds, strengthening its position and qualifying it for trading in the medium-activity stock market, which offers diverse financial tools. The company operates in the manufacturing of fabrics, medical textiles, surgical threads, and wet wipes.
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