Middle East Healthcare Co (SAUDI GERMAN HEALTH) News - Mubasher Info
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Middle East Healthcare Co (4009)

Last update: 18 April 03:17 PM market time.
93.60
24.20
34.87%
Open 95.50
Previous Close 69.40
High 96.00
Low 92.70
Stock Statistics
Volume 282,752
Turnover 26,542,793.40
All data are 15 minutes late during market session

News

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31 March 05:00 PM Saudi German Hospital generates SAR 180m profits in 2023
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) witnessed 139.66% higher net profits at SAR 180.18 million in 2023 from SAR 75.18 million a year earlier. Revenues jumped by 23.30% to SAR 2.65 billion last year from SAR …
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26 February 12:30 PM Saudi German Hospital concludes SAR 1bn Sukuk offering
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has completed the issuance of SAR 1 billion Sukuk. The sukuk was offered at a par value of SAR 1,000 with an annual return of around 7.20% over a five-year maturity, …
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12 February 09:39 AM Saudi German Hospital commences SAR-denominated Sukuk offering
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) started the offering of its SAR-denominated Sukuk at a par value of SAR 1,000 on 12 February. The offering will end on 25 February 2024, according to a bourse disclosure. …
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11 February 09:49 AM Saudi German Hospital unveils medical project in Egypt
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) inaugurated a hospital in Egypt under the administrative supervision agreement with Beit Al Batterjee Medical Company. Located in Alexandria, the Batterjee Medical City …
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6 November 2023 10:24 AM Saudi German Hospital posts 242% leap in 9M-23 profits
Riyadh – Mubasher: The net profits after Zakat and tax of Middle East Healthcare Company (Saudi German Hospital) hiked by 241.91% to SAR 143.67 million in the first nine months (9M) of 2023 from SAR 42.02 million a year earlier. The Saudi firm …
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24 September 2023 03:36 PM Saudi German Health announces top official appointments
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Health) has named Sobhi Abduljalil Batterjee as the Chairman of the board for the coming three years. Saudi German Health also appointed Makarem Sobhi Batterjee as the Vice Chairman …
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10 September 2023 06:36 PM Saudi German Health unveils cashback solution
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Health), formerly known as Saudi German Hospitals Group, has launched a cashback solution for any received unsatisfactory services, according to a press release. All Saudi German …
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14 May 2023 06:26 PM Saudi German Hospital achieves SAR 50 net profit in Q1-23
Riyadh– Mubasher: Middle East Healthcare Company (Saudi German Hospital) generated net profit after Zakat and tax worth SAR 50.12 million in the first quarter (Q1) of 2023, a surge of 144.61% from SAR 20.49 million in Q1-22. The earnings per share …
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26 February 2023 11:19 AM Saudi German Hospital records 337% leap in 2022 net profits
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 …
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6 November 2022 04:47 PM Saudi German Hospital’s profits up to SAR 42m in 9M-22
Riyadh – Mubasher: The net profits after Zakat and tax of Middle East Healthcare Company (Saudi German Hospital) jumped by 18.07% to SAR 42.02 million in the first nine months (9M) of 2022, versus SAR 35.59 million in 9M-21. Revenues totalled SAR …
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1 September 2022 04:11 PM Saudi German Hospital inaugurates new hospital in Makkah
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) announced the opening of a new hospital in Saudi Arabia’s Makkah city. The new hospital, which is part of Batterjee Medical City, is Saudi German’s 10th hospital in the …
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7 August 2022 05:24 PM Saudi German Hospital posts 45.5% higher profits in H1-22 interim results
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) reported net profits after Zakat and tax worth SAR 30.92 million in the first half (H1) of 2022, an annual leap of 45.57% from SAR 21.24 million. The revenues stood at SAR …
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7 July 2022 05:01 PM Saudi German Hospital awards SAR 223m construction deal to IHCC
Riyadh–Mubasher: The board of Middle East Healthcare Company (Saudi German Hospital) has approved to award a construction project worth SAR 223.30 million to International Hospital Construction Company (IHCC). Upon the agreement, IHCC will …
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26 May 2022 05:51 PM Saudi German Hospital to invest SAR 70m in medical project
Riyadh–Mubasher: Middle East Healthcare Company (Saudi German Hospital) will pay SAR 70 million to become an investment partner in Sobhi Abdul Jalil Batterjee Medical Hospital in Jeddah. The Saudi listed firm pointed out that its contribution …
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15 May 2022 06:29 PM Saudi German Hospital's profits leap 69% in Q1-22 interim financials
Riyadh–Mubasher: Middle East Healthcare Company (Saudi German Hospital) has achieved net profits after Zakat and tax worth SAR 20.49 million in the first quarter (Q1) of 2022, higher by 69.33% than SAR 12.10 million in Q1-21. During the …
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31 March 2022 01:02 PM Saudi German Hospital’s profits shrink 79% in 2021
Riyadh–Mubasher: Middle East Healthcare Company (Saudi German Hospital) has reported an annual plunge of 79.02% in net profits after Zakat and tax to SAR 17.2 million in 2021, compared to SAR 81.99 million. Revenues reached SAR 1.87 billion in …
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7 November 2021 03:12 PM Saudi German Hospital’s net profits shrink in Q3, nine months
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) registered net profits after Zakat and tax worth SAR 14.35 million in the third quarter (Q3) of 2021. This marked a year-on-year (YoY) decline of 58.8% from SAR 34.91 …
The revenues grew to SAR 874.94 million in the January-June period
22 August 2021 00:23 PM Saudi German Hospital's profit drops 43% in H1-21
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) logged net profits of SAR 21.24 million in the first half (H1) of 2021, down by 43.42% year-on-year (YoY) from SAR 37.54 million.  The profit decline was attributed to …
The company has changed its name on Tadawul
12 August 2021 10:16 AM Saudi German Hospital changes brand name
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has launched its new brand name on Wednesday, 11 August. The company has changed its name on the Saudi Exchange (Tadawul) to become Saudi German Health instead of the Saudi …
The extended agreement will be effective for 90 working days
6 July 2021 04:08 PM Saudi German Hospital extends deal with Sobhi Batterjee hospital
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has extended its non-binding memorandum of understanding (MoU) with Sobhi Abdul Jaleel Batterjee Medical Hospital, according to a bourse filing on Tuesday. The extended …
Earnings per share stood at SAR 0.13 in Q1-21
20 May 2021 10:19 AM Saudi German Hospital’s Q1 profits plunge 43%
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) registered a drop of 42.8% in net profits after Zakat and tax to SAR 12.1 million during the first quarter (Q1) of 2021, compared with SAR 21.18 million in the same period …
The growing annual profits were driven by higher revenue and lower cost of revenue.
28 February 2021 10:48 AM Saudi German Hospital profits up 3.5% in 2020
Riyadh – Mubasher: The Middle East Healthcare Company’s (Saudi German Hospital) net profits grew by 3.5% yearly in 2020 to stand at SAR 100.98 million. This growth in annual net earnings was driven by higher revenue and lower cost of revenue, …
The contract is expected to be signed on 3 January 2021.
30 December 2020 04:44 PM Saudi German Hospital recommends awarding SAR 264.7m project to Megamind IT Solutions
Riyadh – Mubasher: Independent board members of the Middle East Healthcare Company (Saudi German Hospital) recommended awarding the contract for the digital transformation of the company's hospitals to Megamind IT Solutions Company, subject to the …
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16 September 2020 04:44 PM Saudi German Hospital secures SAR 305m loan from Al Rajhi Bank
Riyadh – Mubasher: The Middle East Healthcare Company (Saudi German Hospital) on Wednesday received Sharia-compliant credit facilities worth SAR 305 million from Al Rajhi Bank. A total of SAR 120 million of the financing is revolving loans that …
Board members will obtain a remuneration worth SAR 1.4 million for 2019
30 June 2020 10:15 AM Saudi German Hospital withholds 2019 dividends
Riyadh – Mubasher: The Middle East Healthcare Company’s (Saudi German Hospital) general assembly has decided to cancel the fiscal year (FY) 2019 dividends following a recommendation from the company’s Board of Directors. It further discharged the …