{"id":637580,"date":"2017-11-20T04:08:30","date_gmt":"2017-11-20T04:08:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/"},"modified":"2017-11-20T04:08:30","modified_gmt":"2017-11-20T04:08:30","slug":"cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/","title":{"rendered":"Cleopatra Hospitals Group grows bottom line 45% y-o-y in 3Q2017"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>EARNINGS WATCH- Cleopatra Hospitals Group\u2019s net profit rose 45% y-o-y to EGP 32 mn in 3Q2017, <\/strong><a href=\"http:\/\/inktankir2.s3.amazonaws.com\/cleopatra\/Cleopatra-ER-3Q2017-E-FINAL-3.pdf\">the company said in its earnings release issued overnight (pdf)<\/a>. 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 contributor to Group revenues for the quarter with 43% of the total, followed by Cairo Specialised Hospital with 22%, Nile Badrawi with 18%, and Al Shorouk with 17%. \u201cThe quarter just ended saw us extract higher value from services across the board while staying true to our commitment to focus on patient safety and quality of outcomes,\u201d Group CEO Ahmed Ezzeldin said.<\/p>\n<p><strong>Acquisitions in the offing: <\/strong>\u201cIn parallel, we continue to make headway in our expansion strategy; several platform additions to expand our network are soon to reach financial close or are in advanced due diligence stages,\u201d Ezzeldin added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 contributor to Group revenues for [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637580","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"effc6aee-4515-4342-88ef-8b6be3000121","order":"0","is_powered_by":true,"section_story_id":"08d025e9-cecb-4d00-ba44-1098b3d37336","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637565],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cleopatra Hospitals Group grows bottom line 45% y-o-y in 3Q2017 - 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\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cleopatra Hospitals Group grows bottom line 45% y-o-y in 3Q2017\" \/>\n<meta property=\"og:description\" content=\"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 contributor to Group revenues for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-20T04:08:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cleopatra Hospitals Group grows bottom line 45% y-o-y in 3Q2017\",\"datePublished\":\"2017-11-20T04:08:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/\"},\"wordCount\":151,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cleopatra-hospitals-group-grows-bottom-line-45-y-o-y-in-3q2017\/\",\"name\":\"Cleopatra Hospitals Group grows bottom line 45% y-o-y in 3Q2017 - 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This came on the back of 16% growth in revenues to EGP 623.8 mn.On a nine-month basis: CHG\u2019s\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/enterpriseam.com\/egypt\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604513,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/earnings-watch-cleopatra-hospitals-group-reports-3q2018-results\/","url_meta":{"origin":637580,"position":1},"title":"Earnings watch: Cleopatra Hospitals Group reports 3Q2018 results","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group reported a 186% y-o-y increase in net profit to EGP 91.6 mn in 3Q2018 from EGP 32 mn in 3Q2017, according to the company\u2019s earnings release (pdf). Revenues for the quarter stood at EGP 388.3 mn, up 32% y-o-y from EGP 293.2 mn in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":561013,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/22\/cleopatra-hospitals-net-income-up-21-in-4q2020\/","url_meta":{"origin":637580,"position":2},"title":"Cleopatra Hospitals net income up 21% in 4Q2020","author":"enterpriseam admin","date":"22 March 2021","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group\u2019s (CHG) net income rose 21% y-o-y in 4Q2020 to EGP 116 mn, up from EGP 95 mn in 4Q2019, the company said in an earnings release (pdf). Revenues for the quarter grew 19% y-o-y to EGP 611 mn, up from EGP 511 mn in the\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"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":637580,"position":3},"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). Revenues fell 17% y-o-y to EGP 340.2 mn over the quarter, down from EGP 409.1 mn. 2Q2020\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":576409,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/23\/earnings-watch-cleopatra-hospitals-orascom-investment-holding\/","url_meta":{"origin":637580,"position":4},"title":"Earnings watch: Cleopatra Hospitals, Orascom Investment Holding","author":"enterpriseam admin","date":"23 November 2020","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group\u2019s net profit rose 11% y-o-y in 3Q2020 to EGP 80 mn, up from EGP 72.2 mn last year, according to the company\u2019s earnings release (pdf). Revenues grew 16% to EGP 536 mn in the third quarter, up from EGP 462 mn a year ago. \u201cMargins\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":546819,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/30\/earnings-watch-cleopatra-hospitals-macro-group\/","url_meta":{"origin":637580,"position":5},"title":"Earnings Watch: Cleopatra Hospitals + Macro Group","author":"enterpriseam admin","date":"30 May 2022","format":false,"excerpt":"Cleopatra Hospitals Group\u2019s (CHG) net income eased 5% y-o-y to EGP 102.4 mn in 1Q 2022, according to the company\u2019s latest earnings release (pdf). Revenues rose 1% y-o-y to EGP 636.9 mn during the quarter, despite a fall in covid-related revenues as the pandemic receded.The pandemic is fading out of\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/398.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637580","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=637580"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637580\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637565"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637580"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637580"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}