Arab Finance: Cleopatra Hospital Company’s consolidated net profits attributable to the parent company went up 92.6% year on year (YoY) in the first quarter (Q1) of 2024, recording EGP 182.231 million, versus EGP 94.593 million, the firm stated.
Revenues were valued at EGP 1.181 billion from January through March, up from EGP 776.852 million in the same period of 2023.
Likewise, the company’s standalone net profits after tax grew to EGP 100.907 million in Q1 2024 from EGP 58.796 million in Q1 2023.
Meanwhile, standalone revenues surged to EGP 463.661 million from EGP 317.65 million.
Standalone revenues saw an annual increase to EGP 317.649 million during the first three months of the year from EGP 287.298 million in the year-ago period.