Arab Finance: Nozha International Hospital (NINH) posted a 43.5% year-on-year (YoY) increase in net profit after tax during the first nine months of 2023, according to the financial indicators filed to the Egyptian Exchange (EGX) on November 7th.
The company’s net profit rose to EGP 69.823 million in January-September from EGP 48.651 million in the same period a year earlier.
Revenue rose to EGP 264.536 million in nine months to September 30th from EGP 218.780 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.