Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) witnessed an annual hike of 337.09% in net profit after Zakat and tax to SAR 75.18 million in 2022, versus SAR 17.20 million.
The Tadawul-listed firm generated revenues worth SAR 2.15 billion in 2022, higher by 14.90% year-on-year (YoY) than SAR 1.87 billion, according to the annual income statements.
Earnings per share (EPS) widened to SAR 0.82 last year from SAR 0.19 in 2021.
In the first nine months (9M) of 2022, Saudi German Hospital achieved net profits after Zakat and tax worth SAR 42.02 million, up 18.07% YoY from SAR 35.59 million.
Revenues surged by 11.66% to SAR 1.53 billion in 9M-22 from SAR 1.37 billion in 9M-21, whereas the EPS increased to SAR 0.46 from SAR 0.39.
