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Cleopatra Hospitals Group’s shareholders approve EGP 56m dividends

Cleopatra Hospitals Group’s shareholders approve EGP 56m dividends
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Cleopatra Hospital
CLHO
7.57% 6.68 0.47

Cairo – Mubasher: The shareholders of Cleopatra Hospitals Group greenlighted cash dividends distribution valued at EGP 55.95 million for 2023, according to a bourse filing.

The board passed the annual dividends last March, while the shareholders granted their approval during the ordinary general meeting (OGM) that was held on 18 April 2024.

In the 12-month period that ended on 31 December 2023, the listed group registered consolidated net profits after tax valued at EGP 469.29 million, an annual rise from EGP 356.73 million.

Meanwhile, the standalone net profit after tax increased year-on-year (YoY) to EGP 273.72 million in 2023 from EGP 217.25 million.

Cleopatra Hospitals Group recently joined forces with Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail) to support the healthcare sector in Saudi Arabia via a long-term care facility.