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Cleopatra Hospitals Group's profit almost doubles in H1-21

Cleopatra Hospitals Group's profit almost doubles in H1-21
The revenues increased to EGP 1.27 billion in the January-June period
Cleopatra Hospital
CLHO_r1
-5.47% 3.11 -0.18

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 shareholders' rights. 

The company's revenues increased to EGP 1.27 billion in the January-June period from EGP 843.08 million in the year-ago period, according to a bourse disclosure on Sunday. 

As for standalone business, the company logged net profits of EGP 147.52 million in H1-21, up from EGP 88.4 million in H1-20. 

In the first quarter (Q1) of 2021, CHG achieved net profits of EGP 107.94 million, up from EGP 87.95 million in Q1-20, including minority shareholders’ rights.