Cleopatra Hospital’s consolidated profits surge 70% YoY in H1 2024

Updated 9/1/2024 10:43:00 AM
Cleopatra Hospital’s consolidated profits surge 70% YoY in H1 2024

Arab Finance: Cleopatra Hospital Company’s consolidated net profits attributable to the parent company rose 70% year on year (YoY) in the first half (H1) of 2024 to EGP 325.193 million, versus EGP 191.238 million, the firm stated.

Operating revenues were valued at EGP 2.372 billion from January through June, up from EGP 1.585 billion in the same period of 2023.

Similarly, the company’s standalone net profits after tax grew to EGP 189.967 million in H1 2024 from EGP 132.852 million in H1 2023.

Meanwhile, standalone operating revenues surged to EGP 940.659 million from EGP 648.586 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.

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