Riyadh – Mubasher: Dallah Healthcare Company (DHC) on Monday stated that its net profits surged 26.32% in the third quarter of 2017, compared to the year-ago period.

Net profits amounted to SAR 76.8 million in Q3-17, compared to SAR 60.8 million in Q3-16, according to a statement to the Saudi Stock Exchange (Tadawul).

Year-on-year, profits went up 9.71%.

The Saudi healthcare firm attributed the growth of its year-on-year net profits to achieving higher revenues.

Net profits increased 34.05% to SAR 231.9 million in the first nine months of 2017, from SAR 173 million in the same period in the previous year.

By 12:14 pm KSA time, DHC’s stock grew 1.98% to SAR 99.70.