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5/9/24, 9:36 AM Saudi German Hospital’s profits rise in Q1-24; revenues cross $183.73mln
A Saudi trader monitors stock information at ANB Bank in Riyadh, Saudi Arabia December 15, 2020.
Reuters/Ahmed Yosri
EARNINGS
Saudi German Hospital’s profits rise in Q1-
24; revenues cross $183.73mln
Revenues climbed by 8.02%
Staff Writer, Mubasher
May 6, 2024
Riyadh – The net profits of Middle East Healthcare Company (Saudi German Hospital)
amounted to SAR 51.94 million in the first quarter (Q1) of 2024.
The generated net profits were higher by 3.63% year-on-year (YoY) than SAR 50.12
million, according to the initial income statements.
Revenues climbed by 8.02% to SAR 689.21 million as of 31March 2024 from SAR 637.99
million in Q1-23, according to the interim financials.
https://www.zawya.com/en/markets/equities/saudi-german-hospitals-profits-rise-in-q1-24-revenues-cross-18373mln-vrkkc0u9 1/2
