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Nozha International Hospital’s indicators show slight profit rise in Q1-20

Nozha International Hospital’s indicators show slight profit rise in Q1-20
The company’s net profits inched up to EGP 14.53 million

Cairo – Mubasher: The unaudited financial results of Nozha International Hospital showed a slight increase in its net profits during the first quarter of 2020.

The company’s net profits inched up to EGP 14.53 million in the January-March period, compared to EGP 13.55 million in the corresponding period a year earlier, according to a bourse disclosure on Sunday.

In the meantime, sales rose to EGP 53.75 million in Q1-20 from EGP 50.87 million in Q1-19.

It is noteworthy to mention that in 2019, Nozha International Hospital reported net profits of EGP 60.5 million, up from EGP 43.13 million in 2018.