Saudi: Dallah Healthcare’s profits hit $73mln in 2022

Revenues climbed by 17.29%

Staff Writer, Mubasher

March 20, 2023

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Dallah Healthcare Company achieved SAR 274.46 million in net profit after Zakat and tax in 2022, up 6.13% from SAR 258.60 million in 2021.

The revenues stood at SAR 2.48 billion during the 12-month period that ended on 31 December 2022, an 18.18% year-on-year (YoY) growth from SAR 2.10 billion, according to the financial results.

Earnings per share (EPS) increased to SAR 3.05 last year from SAR 2.87 in 2021.

Last December, Dallah Healthcare disbursed SAR 90 million as cash dividends for the second half (H2) of 2022.

In the first nine months (9M) of 2022, the Saudi firm registered net profits after Zakat and tax worth SAR 196.02 million, higher by 30.68% YoY than SAR 150 million.

Revenues climbed by 17.29% to SAR 1.79 billion in 9M-22 from SAR 1.52 billion in 9M-21, whereas the EPS went up to SAR 2.18 from SAR 1.67.

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