Riyadh – Mubasher: The net profits after Zakat and tax of Dr. Sulaiman Al Habib Medical Services Group rose by 30.43% to SAR 1.38 billion in 2021, compared to SAR 1.06 billion in the earlier year.

The company generated revenues of SAR 7.25 billion in 2021, up 23.69% from SAR 5.86 billion in 2020, according to a bourse filing on Sunday

The earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by 23.74% year-on-year (YoY) to SAR 1.85 billion.

The earnings per share (EPS) settled at SAR 3.93 last year, versus SAR 3.02 in 2020.

Meanwhile, the company's board has recommended a cash dividend distribution of SAR 245 million for the fourth quarter (Q4) of 2021, representing 7% of the share par value.

It is noteworthy to mention that during the first nine months (9M) of 2021, the company posted a 34.6% rise in net profits to SAR 993.02 million from SAR 737.65 million in the year-ago period.