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Nozha International Hospital reports 25% profit drop in H1-20

Nozha International Hospital reports 25% profit drop in H1-20
The company’s revenues retreated to EGP 87.34 million

Cairo – Mubasher: Nozha International Hospital posted a 25% year-on-year (YoY) decrease in its net profits to EGP 20.97 million during the first half (H1) of 2020, compared to EGP 27.8 million.

The company’s revenues retreated to EGP 87.34 million in the six-month period ended on 30 June from EGP 101.21 million in the corresponding period a year earlier, according to a bourse disclosure on Monday.

As for the first quarter (Q1) of 2020, the company earlier reported net profits of EGP 14.53 million, up from EGP 13.55 million in the prior-year period.