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Nozha International Hospital posts 33% higher profits in 2021

Nozha International Hospital posts 33% higher profits in 2021
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Cairo – Mubasher: Nozha International Hospital registered a 33% year-on-year (YoY) rise in net profits to EGP 65.88 million in 2021, compared to EGP 49.6 million in 2020.

The company generated revenues of EGP 250.49 million last year, up 15% from EGP 217.02 million in 2020, according to a bourse filing on Tuesday.

It is noteworthy to mention that during the first nine months (9M) of 2021, the company's net profits jumped by 44% to EGP 48.2 million from EGP 33.53 million in the year-ago period.