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Cleopatra Hospital profits jump LE315 m in 2018, BoD suggests cancelling dividends

Cleopatra Hospital profits jump LE315 m in 2018, BoD suggests cancelling dividends

ArabFinance:  Cleopatra Hospital Group S.A.E (CLHO) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending December 31, 2018.

The company posted consolidated net profits of LE315,198,499, versus net profits of LE118,237,592 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of LE204,257,943, versus net profits of LE82,545,966 in the same period last year.

It is worth mentioning the Board of Directors (BoD) suggested cancelling the profit distribution attributable to shareholders with regards to FY 2018 profits. 

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