{"id":602064,"date":"2019-03-18T04:04:29","date_gmt":"2019-03-18T04:04:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/earnings-watch-cleopatra-beltone-financial-report-2018-results\/"},"modified":"2019-03-18T04:04:29","modified_gmt":"2019-03-18T04:04:29","slug":"earnings-watch-cleopatra-beltone-financial-report-2018-results","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/earnings-watch-cleopatra-beltone-financial-report-2018-results\/","title":{"rendered":"Earnings watch: Cleopatra, Beltone Financial report 2018 results"},"content":{"rendered":"

EARNINGS WATCH- Cleopatra Hospitals Group reported a 168% y-o-y increase in net profit in 4Q2018 to EGP 90.2 mn<\/b>, up from EGP 33.6 mn in 4Q2017, according to the company\u2019s earnings release (pdf)<\/a><\/u>. Revenues for the quarter stood at EGP 394 mn, up 27% y-o-y from EGP 309.6 mn in the same period last year. Higher volumes and favorable pricing supported revenue and net profit growth as they \u201cconcluded a very successful 2018 with yet another quarter of strong top and bottom-line growth,\u201d CEO Ahmed Ezzeldin said. \u201cI\u2019m also pleased to announce that the first of the two newly established polyclinics is now fully operational with the second expected to come online in the coming months,\u201d Ezzeldin added.<\/p>\n

Beltone Financial reported a net loss of EGP 82.4 mn in 2018<\/b>, compared to a net profit of EGP 3.2 mn in 2017, according to a bourse filing<\/a><\/u>. Revenues increased to about EGP 707 mn compared to EGP 696.7 mn a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Cleopatra Hospitals Group reported a 168% y-o-y increase in net profit in 4Q2018 to EGP 90.2 mn, up from EGP 33.6 mn in 4Q2017, according to the company\u2019s earnings release (pdf). Revenues for the quarter stood at EGP 394 mn, up 27% y-o-y from EGP 309.6 mn in the same period last year. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[812,192,302,72,7115,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602064","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-beltone-financial","tag-cleopatra-hospitals-group","tag-earnings","tag-enterpriseam","tag-healthcare","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"eea9242c-a59e-4445-aadf-2f47dc81bad9","is_powered_by":true,"section_story_id":"16aa5fbe-72cc-4967-8c85-326cc392dec6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602047],"teaser":"","voice_url":""},"yoast_head":"\nEarnings watch: Cleopatra, Beltone Financial report 2018 results - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/earnings-watch-cleopatra-beltone-financial-report-2018-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Cleopatra, Beltone Financial report 2018 results\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Cleopatra Hospitals Group reported a 168% y-o-y increase in net profit in 4Q2018 to EGP 90.2 mn, up from EGP 33.6 mn in 4Q2017, according to the company\u2019s earnings release (pdf). Revenues for the quarter stood at EGP 394 mn, up 27% y-o-y from EGP 309.6 mn in the same period last year. 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Revenues grew 16% to EGP 536 mn in the third quarter, up from EGP 462 mn a year ago. \u201cMargins\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574351,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/07\/earnings-watch-cleopatra-hospitals-group-pioneers-holding-suez-cement-sidi-kerir-for-petrochemicals\/","url_meta":{"origin":602064,"position":1},"title":"Earnings Watch- Cleopatra Hospitals Group, Pioneers Holding, Suez Cement, Sidi Kerir for Petrochemicals","author":"enterpriseam admin","date":"7 September 2020","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group reports a 67% y-o-y decline in 2Q2020 net profits to EGP 14 mn, down from EGP 42.6 mn in the previous year according to thecompany\u2019s earnings release (pdf). 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CHG was able\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570027,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/16\/cleopatra-hospitals-profits-fall-16-in-2019\/","url_meta":{"origin":602064,"position":3},"title":"Cleopatra Hospitals profits fall 16% in 2019","author":"enterpriseam admin","date":"16 March 2020","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group reported a 16% dip in net profit in 2019 to EGP 265.4 mn from EGP 315.2 mn a year earlier, according to the company\u2019s earnings statements (pdf). Revenues rose 23% y-o-y to EGP 1.8 bn, up from EGP 1.45 bn the previous year. In 4Q2019,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637580,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/","url_meta":{"origin":602064,"position":4},"title":"Cleopatra Hospitals Group grows bottom line 45% y-o-y in 3Q2017","author":"enterpriseam admin","date":"20 November 2017","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group\u2019s net profit rose 45% y-o-y to EGP 32 mn in 3Q2017, the company said in its earnings release issued overnight (pdf). Revenues came in 38% higher y-o-y at EGP 293.2 mn, \u201cdriven by both higher patient volumes and improved pricing.\u201d Cleopatra Hospital was the largest\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594832,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/cleopatra-hospitals-reports-27-dip-in-1h2019-net-profits\/","url_meta":{"origin":602064,"position":5},"title":"Cleopatra Hospitals reports 27% dip in 1H2019 net profits","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group reported a 27% y-o-y dip in 1H2019 net profits to EGP 97.7 mn compared to EGP 133.4 mn a year earlier, according to the company\u2019s quarterly financial statement (pdf). Revenues rose 22% y-o-y during the period to EGP 825 mn. CHG\u2019s profits fell 44% y-o-y\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=602064"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602064\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602047"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602064"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602064"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}