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Cleopatra Hospitals Group logs EGP 182m profit in 9M

Cleopatra Hospitals Group logs EGP 182m profit in 9M
Revenues rose to EGP 1.37 billion in the January-September period
Cleopatra Hospital
CLHO
3.08% 6.70 0.20

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 increased to EGP 1.37 billion in the January-September period from EGP 1.29 billion in the prior-year period, according to a bourse disclosure on Sunday.

As for standalone business, the group logged EGP 139.5 million in net profits during the nine-month period ended 30 September, up from EGP 137.08 million in the corresponding period a year earlier.

During the first half (H1) of 2020, Cleopatra Hospitals posted net profits of EGP 101.9 million, slightly up from EGP 97.7 million in H1-19, including minority shareholders’ rights.