Nozha International Hospital records 24% profit decline

The company distributed cash dividends

ArabFinance:Nozha International Hospital (NIH) (NINH) reported a 23.9% Year on Year fall in its net profit in the first nine months of 2020, according to the company’s November 8th statement filed to the Egyptian Exchange.

Net profit after tax stood at EGP 33.533 million in the January-September period of 2020, compared to EGP 44.082 million achieved in the prior-year period.

The company distributed cash dividends of EGP 0.60 per share on May 20th to the shareholders recorded on May 17th.

Nozha International is an Egypt-based shareholding company engaged 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.

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