Cairo – Mubasher: The board of directors of Cleopatra Hospital Co approved to set up a new joint stock company for hospital management and operation.
The new company, to be 99%-owned by Cleopatra Hospital Co, will be established with an issued capital of EGP 30 million for the purpose of managing El-Kateb Hospital, according to a statement to the Egyptian Exchange (EGX) on Wednesday.
It is noteworthy that during the first half of 2019, the EGX-listed company logged a net profit of EGP 97.74 million, down from EGP 133.4 million in H1-18.
