Nozha International Hospital shareholder ups stake to 21.16%

Hassan’s stake reached 21.16% from 19.68%


ArabFinance: Nozha International Hospital (NIH) announced that Ali Ahmed bin Hassan increased his stake in the company via purchasing 1.55 million shares at EGP 15.53 million, the company said in a statement to the Egyptian Exchange on June 9th.

Hassan’s stake reached 21.16% from 19.68%.

The listed healthcare provider reported an 18% Year on Year fall in its net profit in 2020, recording EGP 49.6 million, compared to EGP 60.5 million in 2019.

NIH 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 gynaecology, pediatric, psychiatric, orthopaedic, ophthalmology, and physical therapy.

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