Page 32 - SGH PR REPORT - November 2023
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11/8/23, 4:14 PM Saudi German Hospital posts 242% leap in 9M-23 profits
A screen displaying stock market prices is seen at an investment bank in Riyadh, June 9, 2013.
Faisal Al Nasser
Saudi German Hospital posts 242% leap in 9M-23
profits
Quarter-on-quarter, the Q3-23 profits grew by 32.42%
Staff Writer, Mubasher
November 6, 2023
Riyadh – The net profits after Zakat and tax of Middle East Healthcare Company (Saudi German
Hospital) hiked by 241.91% to SAR 143.67 million in the first nine months (9M) of 2023 from SAR 42.02
million a year earlier.
The Saudi firm posted revenues amounting to SAR 1.93 billion in 9M-23, up 26.05% year-on-year (YoY)
from SAR 1.53 billion, according to the interim income statements.
The earnings per share (EPS) hit SAR 1.56 in January-September 2023, an annual rise from SAR 0.46.
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