Page 33 - 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
Financial Results for Q3-23
During the third quarter (Q3) of 2023, the listed company registered net profits after Zakat and tax worth
SAR 53.30 million, marking a 379.75% leap from SAR 11.11 million in July-September 2022.
Revenues stood at SAR 671.05 million in Q3-23, higher by 30.97% YoY than SAR 512.37 million.
Quarter-on-quarter (QoQ), the Q3-23 profits grew by 32.42% from SAR 40.25 million in Q2-23, while the
revenues rose by 7.48% from SAR 624.32 million.
In the three-month period that ended on 31 March 2023, Saudi German Hospital logged net profits after
Zakat and tax valued at SAR 50.12 million, while the revenues reached SAR 637.99 million.
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