Page 102 - SGH REPORT - FEBRUARY 2024

2/14/24, 5:06 PM Saudi German Hospital unveils medical project in Egypt
Located in Alexandria, the Batterjee Medical City project has 300 beds for inpatient
hypnosis patients and 45 specialised clinics, according to a bourse filing.

Saudi German Health highlighted that it will receive 10% of the net profit before tax

deduction as administrative supervision fees for the hospital.

In the first nine months (9M) of 2023, the Tadawul-listed company logged net profits after

Zakat and tax valued at SAR 143.67 million, an annual leap of 241.91% from SAR 42.02

million

Revenues surged by 26.05% to SAR 1.93 billion in 9M-23 from SAR 1.53 billion in 9M-22,

while the earnings per share (EPS) increased to SAR 1.56 from SAR 0.46.

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