ArabFinance: Cleopatra Hospital Group (CLHO) (CHG) announced achieving 15% Year on Year (YoY) rise in its revenue in the quarter three (Q3) 2020, according to the company's recent statement filed to the Egyptian Exchange.

The group attributed this increase to the recovery of cases that served by Cleopatra Group. On a quarterly basis, it expected revenue growth by 50%.

During the first nine months of 2020, the group record 7% YoY increase revenue backed by August and September returns.

CHG achieved a consolidated net profit after income tax of EGP 101.96 million during the first half (H1) ended June 30th 2020.

The div marked a Year on Year increase of 4.3% when compared to the EGP 97.74 million registered in H1 2019.

CHG was established in 2014 after the acquisition of its East Cairo Hospitals, Cleopatra Hospital, and Cairo Specialized Hospital.

The group expanded its geographical network in West Cairo to acquire two additional facilities, namely Nile Badrawi Hospital in 2015 and Al Shorouk Hospital in 2016.

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