Cleopatra Hospital Co News - Mubasher Info
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10 June 01:00 AM

Cleopatra Hospital Co (CLHO)

Last update: 9 June 01:25 PM market time.
14.94
-0.26
-1.71%
Open 15.20
Previous Close 15.20
High 15.48
Low 14.83
Stock Statistics
Volume 1,299,624
Turnover 19,566,352.00
All data are 15 minutes late during market session

News

Photo Archive
21 August 2022 11:11 AM Cleopatra Hospitals’ profits down to EGP 176.47m in H1-22
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) has gained EGP 176.47 million in its profit after income tax during the first half (H1) of 2022, down from EGP 202.01 million in the same period in 2021.  Earnings per share (EPS) for H1-22 went …
Financial Results
Photo Archive
14 June 2022 10:40 AM Response Plus, Egypt's Cleopatra Hospitals plan to form joint venture
Mubasher: Response Plus Holding is expected to establish a potential joint venture with Cleopatra Hospitals Group (CHG), an Egyptian listed company. The company has signed a non-binding term sheet with the Egypt-based private hospital group, …
Companies Investments
Photo Archive
29 May 2022 03:18 PM Cleopatra Hospitals Group's profits retreat 5% in Q1-22
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) has achieved consolidated net profits worth EGP 102.42 million in the first quarter (Q1) of 2022, an annual drop of 5% from EGP 107.94 million, including minority shareholders’ rights. The revenues …
Financial Results
Photo Archive
20 March 2022 01:35 PM Cleopatra Hospitals Group's profits up 38% in 2021
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) reported a 37.99% year-on-year (YoY) rise in its consolidated net profits to EGP 410.67 million in 2021, compared to EGP 297.64 million. The company generated revenues of EGP 2.54 billion in 2021, …
Financial Results
Photo Archive
8 December 2021 00:49 PM MCI Capital submits offer to acquire 26% stake in Cleopatra Hospitals
Cairo - Mubasher: MCI Capital Healthcare Partners for Medical Care has submitted an optional purchase offer to acquire a 26.21% stake in Cleopatra Hospitals Group (CHG), the Financial Regulatory Authority (FRA) announced. Under the purchase …
Mergers and Acquisitions
Photo Archive
21 November 2021 00:20 PM Cleopatra Hospitals Group sees 58% higher profits in 9M
Cairo – Mubasher: The consolidated financials of Cleopatra Hospitals Group (CHG) reported a 58.3% year-on-year (YoY) increase in net profits to EGP 288.111 million in the first nine months of 2021 from EGP 182.017 million in the same period of …
Financial Results
The completion of the transaction is subject to the Ministry of Health's approval
26 October 2021 01:07 PM Cleopatra Hospitals Group inks deals to set up 400-bed hospital in New Cairo
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) has signed agreements to transform a brownfield project into a more than 400-bed medical facility in New Cairo.  The completion of the transaction is subject to the Ministry of Health's approval …
Companies Investments
The revenues increased to EGP 1.27 billion in the January-June period
29 August 2021 00:38 PM Cleopatra Hospitals Group's profit almost doubles in H1-21
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) reported a 98.12% year-on-year (YoY) hike in its consolidated net profits, recording EGP 202.02 million in the first half (H1) of 2021, compared to EGP 101.9 million, including minority …
Financial Results
The company’s revenues rose to EGP 633.16 million
6 June 2021 00:06 PM Cleopatra Hospitals Group's profit grows 23% in Q1-21
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) recorded net profits of EGP 107.94 million in the first quarter (Q1) of 2021, up by 22.7% year-on-year (YoY) from EGP 87.95 million, including minority shareholders’ rights. The company’s revenues …
Financial Results
The offer includes the acquisition of 14.274 million shares for EGP 550 million
17 May 2021 01:20 PM FRA studies CHG’s request to acquire Alexandria Medical Services
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) has submitted a request to the Egyptian Financial Regulatory Authority (FRA) to make a mandatory tender offer (MTO) for 100% of the shares of Alexandria Medical Services - Alexandria New Medical …
Banking and Finance
Alameda owns and operates several hospitals and medical units in Egypt.
10 May 2021 03:49 PM Cleopatra Hospitals Group terminates Alameda acquisition deal
Cairo – Mubasher: Cleopatra Hospitals Group (GHG) announced the termination of the conditional sale and purchase agreement (SPA) for the acquisition of Alameda Healthcare Group in Egypt and the operational merger of hospitals and medical units. …
Mergers and Acquisitions
The potential buyers offered a price of EGP 50.77 per share
20 April 2021 00:42 PM FRA reveals final list of potential buyers of Alexandria Medical Services
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) has received a letter from the Abu Dhabi Commercial Bank (ADCB) with the final list of potential buyers of the bank’s 51.54% stake in Alexandria Medical Services - Alexandria New …
Mergers and Acquisitions
CHG reported net profits of EGP 297.6 million in 2020
18 April 2021 00:00 PM Cleopatra Hospitals Group not to pay dividends for 2020
Cairo – Mubasher: The ordinary general meeting (OGM) of Cleopatra Hospitals Group (CHG) approved the board’s proposal for not distributing dividends to shareholders for 2020. The OGM also decided to pay employees a profit share of EGP 29.5 million …
Corporate Actions
The group is currently negotiating the terms of the letter of intent with CI Capital
13 April 2021 11:38 AM Cleopatra Hospitals Group intends to acquire 51.5% of Alexandria New Medical Center
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) announced its intention to acquire Abu Dhabi Commercial Bank’s (ADCB) 51.5% stake in Alexandria Medical Services - Alexandria New Medical Center. The group submitted an initial non-binding letter …
Mergers and Acquisitions
Revenues grew to EGP 1.98 billion in 2020
21 March 2021 11:54 AM Cleopatra Hospitals Group's profit rises 11% in 2020
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) reported net profits of EGP 297.6 million in 2020, up by 11.4% year-on-year (YoY) from EGP 265.35 million, including minority shareholders’ rights. The profits attributable to minority interests …
Financial Results
The group’s revenues increased by 10% in 2020
17 February 2021 00:57 PM Cleopatra Hospitals Group expects higher profit on growing revenue in 2020
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) expects higher net profits in 2020 in line with top-line growth, despite higher depreciation as the company continues its infrastructure investments as well as lower interest rates. The group’s …
Financial Results
The acquisition is expected to complete in the first half (H1) of 2020
12 January 2021 02:15 PM CHG invests EGP 1bn in infrastructure, medical technology upgrades since 2015
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) has invested more than EGP 1 billion in quality, infrastructure, and medical technology upgrades and since 2015. In addition, the group has not distributed annual dividends and reinvested the …
Mergers and Acquisitions
The ECA issued an objection in principle to CHG’s plan to acquire Alameda Healthcare Group
31 December 2020 02:18 PM CHG comments on competition regulator's decision on Alameda acquisition
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) said that it has not yet submitted the complete application to the Egyptian Competition Authority (ECA) concerning the full acquisition of Alameda Healthcare Group. The group “is currently …
Mergers and Acquisitions
The acquisition would result in a monopoly in the healthcare market in Egypt
31 December 2020 11:01 AM Egyptian Competition Authority opposes CHG's acquisition of Alameda
Cairo – Mubasher: The Egyptian Competition Authority (ECA) issued an objection in principle to Cleopatra Hospitals Group’s (CHG) plan to acquire Alameda Healthcare Group. The acquisition would result in a monopoly in the healthcare market in …
Mergers and Acquisitions
The deal is expected to close in H1-21
27 December 2020 11:41 AM Cleopatra Hospitals Group to acquire 100% of Alameda's hospitals in Egypt
Cairo – Mubasher: Cleopatra Hospitals Group (CHG) has signed an agreement for the acquisition of 100% of Alameda Healthcare Group’s assets in Egypt and the operational merger of hospitals and medical units. The deal, pending certain conditions and …
Mergers and Acquisitions
Revenues rose to EGP 1.37 billion in the January-September period
22 November 2020 11:14 AM Cleopatra Hospitals Group logs EGP 182m profit in 9M
Cairo – Mubasher: Cleopatra Hospitals Group achieved consolidated net profits of EGP 182 million in the first nine months of 2020, up by 7% year-on-year (YoY) from EGP 169.9 million, including minority shareholders’ rights. The group’s revenues …
Financial Results
Aboul Fotouh will serve as the chairman and managing director of the new JV
9 September 2020 10:58 AM Cleopatra Hospitals Group invests in fertility centre
Cairo – Mubasher: Cleopatra Hospitals Group signed a business transfer agreement (BTA) to transfer the assets and operations of Bedaya for Medical Services, an in vitro fertilisation (IVT) and fertility centre, to a new joint venture (JV). The new …
Companies Investments
Operating revenues grew to EGP 843.08 million
6 September 2020 03:45 PM Cleopatra Hospitals sees profit edge up in H1-20
Cairo – Mubasher: The net profits of Cleopatra Hospitals Group inched up to EGP 101.9 million during the first half (H1) of 2020 from EGP 97.7 million in the year-ago period, including minority shareholders’ rights. The company’s operating …
Financial Results
Several companies were said to be in talks to acquire B. R. Shetty's stake
17 August 2020 02:25 PM Cleopatra Hospitals, Speed Medical deny acquisition reports
Cairo – Mubasher: Alexandria Medical Services - Alexandria New Medical Center denied news reports about receiving several offers for the acquisition of the Indian investor Bavaguthu Raghuram Shetty’s 87.6% stake in the company, according to a …
Mergers and Acquisitions
The webinar discussed investment opportunities in healthcare
15 July 2020 07:35 PM Why investors should look into the Egyptian healthcare sector?
By: Moslem Ali Cairo – Mubasher: The Egyptian healthcare industry remains attractive for local and international investments, with many areas for development and expansion arising particularly in the post-COVID-19 stage, panellists agreed during a …
Sector Reports