Alexandria New Medical Center’s Q1 profit eases

The company appointed Farooq Mohamed Talat as the new Chairman

ArabFinance: Alexandria New Medical Center - ANMC (AMES) posted a net profit of EGP 5,167,102 in quarter one (Q1) of 2020, compared to EGP 5,696,327 achieved in Q1 2019, according to May 31st financial statements filed to the Egyptian Exchange.

The company appointed Farooq Mohamed Talat as the new Chairman.

This decision was taken after the board accepted on April 12th the resignation of Bavaguthu Raghuram Shetty from his position as a chairman.

ANMC is an Egypt-based public shareholding company engaged in the provision of medical diagnostic and treatment services in various medical fields. The company focuses on the operation of a hospital, which consists of a range of medical specializations, including gynecology, general surgery, pediatrics …etc.

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