Middle East Healthcare Co (SAUDI GERMAN HEALTH) News - Mubasher Info
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01 June 10:02 PM

Middle East Healthcare Co (4009)

Last update: 03:19 PM market time.
32.52
0.12
0.37%
Open 32.40
Previous Close 32.40
High 33.12
Low 32.18
Stock Statistics
Volume 670,133
Turnover 21,890,365.88
All data are 15 minutes late during market session

News

Photo Archive
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 …
Financial Results
Photo Archive
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 …
Companies Investments
Photo Archive
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 …
Companies Investments
Photo Archive
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 …
Financial Results
Photo Archive
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 …
Financial Results
Photo Archive
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 …
Financial Results
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 …
Financial Results
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 …
Corporate Actions
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 …
Companies Investments
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 …
Financial Results
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, …
Financial Results
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 …
General Assembly
Photo Archive
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 …
Banking and Finance
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 …
Cash Dividends
Revenues soared to SAR 436.3 million in Q1
3 June 2020 09:52 AM Saudi German Hospital’s profits up 45% in Q1
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has registered net profits after tax and zakat worth SAR 21.18 million over the first quarter (Q1) of 2020, 45.2% more than SAR 14.59 million in the same period in 2019. …
Financial Results
Saudi German Hospital's revenues increased to SAR 1.5 billion
12 March 2020 04:11 PM Saudi German Hospital reports 43% lower profits in 2019
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) posted an annual decline of 43.4% in net profits after zakat and tax to SAR 97.57 million during 2019 when compared to SAR 172.25 million. Saudi German Hospital further …
Financial Results
Photo Archive
20 January 2020 04:25 PM Saudi German Hospital signs cooperation pact with Mayo Clinic
Riyadh - Mubasher: Middle East Healthcare Company (Saudi German Hospital) announced a cooperation agreement between Saudi German Hospital in Riyadh and Mayo Clinic Healthcare Network. The agreement was signed on Monday 20 January 2020, with the …
Companies Investments
Saudi German Hospital in Dubai
19 January 2020 00:25 PM Saudi German Hospital to open in Dammam next month
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) announced that Saudi German Hospital in Dammam located on King Fahad District Airport Road will start receiving patients starting 1 February 2020. The company recently …
Companies Investments
Revenues of the healthcare provider rose by 14% to SAR 386.76 million in Q3-19
7 November 2019 11:19 AM Saudi German Hospital logs SAR 33m profits in Q3
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) posted a 64.8% year-on-year hike in its profits for the third quarter of 2019, recording SAR 33.23 million. Revenues of the healthcare provider rose by 14% to SAR 386.76 …
Financial Results
The first deal was signed with Emirates NBD with a total value of SAR 150 million
9 October 2019 05:43 PM Saudi German Hospital inks SAR 350m loans with Emirates NBD, Bank Albilad
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospitals) has signed two Shari'a compliant facility agreements with Emirates NBD and Bank Albilad valued at SAR 350 million. The first deal was signed with Emirates NBD with a total …
Banking and Finance
'Neutral' recommendation was maintained
25 September 2019 01:21 PM Aljazira Capital sets TP of Saudi German at SAR 29.6
Mubasher: Aljazira Capital has set the target price of Middle East Healthcare Company, known as Saudi German Hospital (SGH), at SAR 29.63, maintaining its ‘Neutral’ recommendation, according to a statement released on Wednesday. The increase in …
Stock Evaluations
Net profits after zakat and tax plunged by 64.1% to SAR 12.28 million in Q2-19
7 August 2019 04:03 PM Saudi German Hospital’s profits fall 78% in 6M
Riyadh – Mubasher: Middle East Healthcare Company, known as Saudi German Hospital (SGH), posted its interim financial results for the second quarter of 2019. Net profits after zakat and tax plunged by 64.1% to SAR 12.28 million in Q2-19, compared …
Financial Results
Patients will benefit from a 20% discount on Careem rides
30 June 2019 00:44 PM Saudi German Hospital, Careem partner to provide better transportation services to patients
Riyadh – Mubasher: Saudi Arabia-based Middle East Healthcare Company, known as Saudi German Hospital, announced signing a new partnership agreement with Careem to provide better transportation services to its patients to and from its hospitals in …
Company News
The assembly has approved the financials of 2018
23 June 2019 01:02 PM Saudi German Hospital not to distribute dividends for FY18
Riyadh – Mubasher: The general assembly of Middle East Healthcare Company (Saudi German Hospital) has approved the board’s proposal of not distributing cash dividends for the year ended 31 December 2018. The assembly has also approved the …
Corporate Actions
The new facility will have a capacity of 150 beds
10 June 2019 04:48 PM Saudi German Hospital completes construction work of Dammam facility
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has completed construction work of its branch in Dammam. Construction work includes the installation of medical and other equipment, according to the company’s statement to …
Company News