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2/15/24, 2:51 PM Saudi German Hospital unveils medical project in Egypt - Mubasher Info

Saudi German Hospital unveils medical project in Egypt

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11 February 2024 10:49 AM

SAUDI GERMAN HEALTH
4009
72.33% Riyadh – Mubasher: Middle East Healthcare Company (Sa
119.60 50.20 Hospital) inaugurated a hospital in Egypt under the adminis
agreement with Beit Al Batterjee Medical Company.

Located in Alexandria, the Batterjee Medical City project has 300 beds for inpatient hypnosis patients a
according to a bourse filing.

Saudi German Health highlighted that it will receive 10% of the net profit before tax deduction as admin
for the hospital.
In the first nine months (9M) of 2023, the Tadawul-listed company logged net profits after Zakat and tax
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 ea
increased to SAR 1.56 from SAR 0.46.

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