Cairo – Mubasher: Alexandria Medical Services reported a 12.5% year-on-year profit increase during the first half of 2019.

Net profits stood at EGP 12.8 million during H1-19, compared to EGP 11.4 million in H1-18, according to the company’s statement to the Egyptian Exchange (EGX) on Wednesday.

Revenues of the medical provider plunged to EGP 52.1 million in H1-19, from EGP 80.2 million in the same period of the previous year.

On a quarterly basis, Alexandria Medical’s profits reached EGP 8.02 million during the second quarter of 2019.

Source: Mubasher

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