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Dallah Healthcare records 139% higher profits in 9M

Dallah Healthcare records 139% higher profits in 9M
The company's revenues hiked by 67.535%
DALLAH HEALTH
4004
-2.12% 156.60 -3.40

Riyadh – Mubasher: The interim financials of Dallah Healthcare Company recorded a 139.25% increase in net profits after zakat and tax of SAR 191.4 million during the first nine months of 2021, compared to SAR 80 million in the year-ago period.

The company's revenues hiked by 67.535% year-on-year (YoY) to SAR 1.529 billion in the January-September period of 2021 from SAR 913 million, according to a bourse filing on Monday.

The earnings per share (EPS) settled at SAR 2.05 in the first nine months of 2021, versus SAR 0.94 in the corresponding period of the earlier year.

During the third quarter (Q3) of 2021, the company's net profits after zakat and tax jumped by 60.78% to SAR 86.5 million from SAR 53.8 million in the same period of 2020.

It is noteworthy to mention that during the first half (H1) of 2021, the company reported a 300% jump in net profits after Zakat and tax to SAR 104.9 million from SAR 26.2 million in H1-20.