Egypt’s Cleopatra Hospital posts 29% up in Q2 revenues

Big 5

Cleopatra Hospital Group, one of Egypt’s largest private hospitals, reported Tuesday a 29 percent growth in its second-quarter revenues to reach 261.8 million Egyptian pounds ($14.7 million).

Revenues climbed by 27 percent to 523.9 million pounds during the the first half of 2017.

The group made a 71 percent increase in its first-half net profit to reach 52.6 million pounds.

During the second half, revenues stood at 115.1 million pounds, representing 44 percent of the total revenues, followed by Cairo Specialised Hospital, Nile Badrawi Hospital, and Al Shorouk Hospital, which accounted for 22 percent, 17 percent, and 17 percent of total revenus respectively.

Source: Daily news