Nozha International Hospital’s profits edge higher in 9 months

Updated 11/8/2022 9:47:00 AM

Arab FinanceNozha International Hospital (NINH) posted a 1% year-on-year (YoY) increase in net profit after tax during the first nine months of 2022, according to the financial indicators filed to the Egyptian Exchange (EGX) on November 8th.

The company’s net profit rose to EGP 48.651 million in January-September from EGP 48.2 million in the same period a year earlier.

Revenue rose to EGP 218.78 million in nine months to September 30th from EGP 185.885 million the year before.

Egypt-based Nozha International is a shareholding company operating in the field of healthcare facilities management.

The company manages and operates Al Nozha International Hospital, which provides general health and surgical services in the fields of internal medicine, surgery, obstetrics and gynecology, pediatric, psychiatric, orthopedic, ophthalmology, and physical therapy.