Cleopatra Hospital posts higher Q3 earnings

Cairo – Mubasher: Cleopatra Hospital earned EGP 22.1 million during the third quarter of 2016, higher 31.9% year-on-year from EGP 16.7 million, taking minority rights into consideration, the consolidated results revealed.

Over the first nine months, consolidated earnings increased by 13.4% year-on-year to EGP 52.8 million from EGP 46.6 million.

Meanwhile, the standalone results showed that Q3 net earnings reached EGP 14.7 million, down 11.7% year-over-year from EGP 16.7 million.

On a nine-month level, the company recorded EGP 28.5 million unconsolidated earnings, compared with EGP 46.6 million for the year-ago period.

On Thursday, the stock quote steadied at EGP 12.62 per share. 

Mubasher Contribution Time: 20-Nov-2016 10:10 (GMT)
Mubasher Last Update Time: 20-Nov-2016 10:10 (GMT)