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4/11/24, 4:36 PM Saudi German Hospital generates $48mln profits in 2023

Saudi traders are seen as they monitor stock information at the Saudi stock market in Riyadh, Saudi Arabia August 25,
2020. REUTERS/Ahmed Yosri
EARNINGS
Saudi German Hospital generates $48mln

profits in 2023

Revenues jumped by 23.30%

Staff Writer, Mubasher

April 1, 2024

Riyadh – Middle East Healthcare Company (Saudi German Hospital) witnessed 139.66%
higher net profits at SAR 180.18 million in 2023 from SAR 75.18 million a year earlier.

Revenues jumped by 23.30% to SAR 2.65 billion last year from SAR 2.15 billion in 2022,

according to the financial statements.

The earnings per share (EPS) stood at SAR 1.96 in 2023, marking an annual surge from

SAR 0.82.

https://www.zawya.com/en/markets/equities/saudi-german-hospital-generates-48mln-profits-in-2023-fi047bli 1/2