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Tag Archives: Healthcare Group

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 …

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Georgia Healthcare Group Acquires Two Hospitals For GEL10.0 Million

Healthcare services provider Georgia Healthcare Group PLC said on Monday it has acquired the Khasuri and Qareli community hospitals through its healthcare services business from Georgian insurance company IC Group for GEL10.0 million in cash. The two hospitals are located in the Khashuri and Qareli areas of Georgia, both in …

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Georgia Healthcare Group improves Q1 net profit

Shares in Georgia Healthcare Group are down almost 3% as it posted an improved first-quarter net profit, with both revenue and EBITDA ahead. Net profit was GEL13.0m (about £4.3m), up 8.4% on the year. Its revenue was GEL186.6m, up 157.1%, while EBITDA was GEL25.1m, up 46.3%. “We believe we remain …

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Healthcare Group Buys Batumi Psychiatric Hospital for 2.5 million GEL

Healthcare Group has bought Batumi Psychiatric Hospital, Ajara Government press service reports. Term electronic auction finished on January 11. A total of 762 bids were made during the auction. The new owner paid 2.5 million GEL for 100% stake of the hospital. Ministry of Finance and Economy put out the …

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