IDH RELEASES 1Q2022 FINANCIAL RESULTS
(Cairo and London) — Integrated Diagnostics Holdings (“IDH,” “the Group,” or “the Company”), a leading consumer healthcare company with operations in Egypt, Jordan, Sudan and Nigeria, released today its reviewed financial statements and operational performance for the quarter ended 31 March 2022, recording revenue of EGP 1,180 million, up 5% compared to the same three months of last year. The Group’s top-line was supported by a sustained expansion in conventional revenues, which recorded EGP 640 million in Q1 2022, standing well above the Group’s pre-Covid-19 levels. Net profit recorded EGP 314 million for the three-month period, down 8% from Q1 2021, with an associated margin of 27%, well above the Group’s historical averages.