Cairo – Mubasher: Nozha International Hospital recorded a 44.4% year-on-year profit increase during the first half of 2019.
Net profits grew to EGP 27.8 million in the six-month period ended 30 June, compared to EGP 19.24 million in the year-ago period, according to a statement to the Egyptian Exchange (EGX) on Tuesday.
Year-on-year, revenues amounted to EGP 101.21 million in the January-June period of 2019, up from EGP 89.3 million.
As for the second quarter of 2019, Nozha International Hospital’s profit rose to EGP 14.24 million in H1-19 from EGP 9.11 million in H1-18.
During Q1-19, the hospital logged a profit of EGP 13.55 million, compared to EGP 10.13 million in the year-ago period.
Revenues increased to EGP 50.87 million in Q1-19 from EGP 46.91 million in Q1-18.
