Mubasher TV
Contact Us Advertising   العربية

Dallah Healthcare reports 32% lower profits in 2020; dividends proposed

Dallah Healthcare reports 32% lower profits in 2020; dividends proposed
The EPS stood at SAR 1.13 in 2020
DALLAH HEALTH
4004
-0.38% 156.40 -0.60

Riyadh – Mubasher: The net profits after Zakat and tax of Dallah Healthcare Company (DHC) plunged by 31.86% to SAR 100.1 million in 2020 from SAR 146.9 million in 2019.

The company’s revenues increased by 5.287% to SAR 1.318 billion last year from SAR 1.252 billion in 2019, according to a bourse filing on Tuesday.

The earnings per share (EPS) stood at SAR 1.13 in 2020, compared to SAR 1.68 in the earlier year.

Meanwhile, the company’s board has recommended a cash dividend distribution of SAR 22.5 million for the second half (H2) of 2020, equivalent to 2.5% of the share par value.

It is noteworthy to mention that during the third quarter (Q3) of 2020, the company achieved SAR 53.8 million in net profits, 102.3% more than SAR 26.6 million in the prior-year quarter.