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Home / Healthcare / Georgian Healthcare Group Profits Grow by 45%

Georgian Healthcare Group Profits Grow by 45%

Georgian Healthcare Group revenues in the first half of 2017 made up 371mln GEL, while profits constituted 24.3mln GEL. The group’s profits rose by 44.9% year on year, while revenues rose by 112%.

Profits marked 11mln GEL in 2Q17, while revenues amounted to 186mln GEL.

GHG unites 35 hospitals and 247 pharmacies. As of June 30, 135 000 citizens use GHG insurance services. In January-June 2017 GHG revenues structure is as follows: 34% – healthcare business, 59% – pharmaceutical business and 7% – insurance business.