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Georgia Healthcare Group Ended half of 2018 with 28,4 million GEL Profit

The Georgian Health Care Group (GHG) completed half of 2018 with a profit of 28.4 million GEL (11.6 million USD). According to the company’s financial report, annual growth is 17.1%.

Revenues grew by 14.7% in the first half of 2018 and exceeded 419 million USD ; EBITDA – 62.6 million GEL, annual increase of 22%.

The report indicates that the figures are enhanced in the healthcare, pharmaceutical and distribution business.

The group includes pharmaceutical networks “Pharmadopo” and “GPC”, insurance company “Imedi L”. GHG also owns 16 referral clinics, 21 clinics and 17 polyclinics.