CHG sees higher profits in 2021
Updated 3/20/2022 12:21:38 PM
ArabFinance: Cleopatra Hospitals Group (CHG) (CLHO) posted a growth in profits for the full year ended December 31st 2021, according to the company’s financial statements filed to the Egyptian Exchange (EGX).
The company recorded a consolidated net profit attributable to the parent company of EGP 387.24 million in 2021, compared to a profit of EGP 286.92 million in 2020.
Consolidated operating revenue amounted to EGP 2.54 billion last year, up from EGP 1.98 billion in 2020.
Meanwhile, the company’s standalone net profit after tax reached EGP 292.37 million in 2021, versus EGP 218.67 million in 2020.
Established in 2014, CHG expanded its geographical network in West Cairo to acquire two additional facilities, namely Nile Badrawi Hospital in 2015 and Al Shorouk Hospital in 2016.
