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Nozha International Hospital’s net profits jump 40% in 2019

Nozha International Hospital’s net profits jump 40% in 2019
The hospital’s revenues increased by 13% in FY19

Cairo – Mubasher: Nozha International Hospital’s net profits after tax surged by 40% year-on-year to EGP 60.5 million during 2019 from EGP 43.13 million in 2018, according to the hospital financial results.

The hospital’s revenues increased by 13% to EGP 214.89 million in fiscal year 2019 from EGP 189.71 million in 2018.

It is noteworthy to mention that during the first nine months of 2019, the hospital recorded EGP 44 million net profits, versus EGP 30.8 million in the corresponding period in 2018, while revenues rose to EGP 158.2 million from EGP 138.3 million.