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Revenues surged by 24.6% to reach SAR 436.3 million in the January-March period in 2020 when compared to SAR 350.1 million, according to a stock exchange statement on Wednesday.
The company attributed the rise in profits to higher patient traffic across all business segments, an increase in other income, and a lower percentage of revenue costs.
In 2019, Saudi German Hospital posted an annual decline of 43.4% in net profits to SAR 97.57 million from SAR 172.25 million.
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