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Tag Archives: Healthcare Group

Georgia Healthcare Group improves Q1 net profit

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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

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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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