Nozha International Hospital reports 33% profit growth in 2021

Updated 2/1/2022 9:51:57 AM

ArabFinance: Nozha International Hospital (NINH) reported a 33% year-on-year increase in net profit after tax for the full-year ended December 31st 2021, according to the company’s unaudited financial indicators filed to the Egyptian Exchange (EGX).

Net profit after tax amounted to EGP 65.88 million in 2021, compared to a profit of EGP 49.60 million in 2020.

Moreover, the company generated a revenue of EGP 250.49 million in 2021, rising by 15% from EGP 217.02 million in 2020.

Earning per share (EPS) stood at EGP 0.59 in 2021, up from EPS of EGP 0.43 in 2020.

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.