Cairo – Mubasher: Integrated Diagnostics Holdings (IDH) has registered consolidated net profits after tax worth EGP 314.13 million during the first quarter (Q1) of 2022, an annual decline of nearly 8.74% from EGP 341.59 million.

The revenues went up by 4.50% to EGP 1.18 billion in Q1-22 from EGP 1.12 billion in Q1-21, according to the financial results on Wednesday.

In addition, the earnings per share (EPS) stood at EGP 0.49 in the January-March 2022 period, lower than EGP 0.54 in the year-ago period.

As for the standalone business, the listed firm incurred net losses of $127,225 in the first three months (3M) of 2022, compared to $1.09 million during the same period a year earlier.

Meanwhile, the non-consolidated net revenues amounted to $674,263 in Q1-22, versus $14,989 in Q1-21.

Furthermore, the shareholders of IDH have approved a cash dividend distribution of EGP 2.17 per share for 2021, amounting to a total value of EGP 1.30 billion.

It is worth noting that last year, the company logged consolidated net profits after tax of EGP 1.49 billion, an annual leap of 144.40% from EGP 609.48 million.