Alex NMC posts higher profit in 2021

Updated 3/24/2022 11:05:04 AM

ArabFinance: Alexandria New Medical Center (Alex NMC) (AMES) reported a net profit after tax of EGP 26.45 million in 2021, up from EGP 20.85 million in 2020, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

Operating revenue grew to EGP 271.13 million last year, from EGP 225.39 million in 2020.

It is worth noting that the company also announced that its board of directors has approved the cash dividend payment proposal for the full year ended December 31st 2021.

Alex NMC is an Egypt-based public shareholding company engaged in the provision of medical diagnostic and treatment services in various medical fields.

The company focuses on the operation of a hospital, which consists of a range of medical specializations, including gynecology, general surgery, and pediatrics, among others.