Riyadh –  Aldawaa Medical Services Company logged net profits after Zakat and tax worth SAR 305.44 million in 2022, an annual surge of 27.73% from SAR 239.14 million.

Revenues increased by 6.71% to SAR 5.37 billion last year from SAR 5.03 billion in 2021, according to the financial results.

During the 12-month period that ended on 31 December 2022, the earnings per share (EPS) stood at SAR 3.59, versus SAR 2.81 a year earlier.

Dividends for H2-22

The board members decided to pay out cash dividends worth SAR 106.25 million, representing 12.50% of the company’s capital, for the second half (H2) of 2022.

Aldawaa Medical Services will disburse a dividend of SAR 1.25 per share for 85 million eligible shares.

Eligibility and payment dates for the dividends will be 17 April and 1 May 2023, respectively.

In the first nine months (9M) of 2022, the Tadawul-listed firm recorded a 26.97% year-on-year (YoY) hike in net profit after Zakat and tax to SAR 215.93 million from SAR 170.07 million.

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