Nozha International Hospital’s profit rises 10% YoY in H1

Updated 8/2/2022 1:59:03 PM

Arab Finance: Nozha International Hospital (NINH) recorded a net profit after tax of EGP 32.37 million in the first half (H1) of 2022, rising by 10% from EGP 29.47 million in H1 2021, according to the unaudited financial statement filed to the Egyptian Exchange (EGX) on August 2nd.

Likewise, the company’s revenues grew by 23% year-on-year (YoY) in H1 2022 to EGP 145.77 million, compared to EGP 118.44 million.

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.