Dallah shares hit all-time high

Logo of Dallah Healthcare Co. 

Shares of Dallah Healthcare Co. hit their highest level since debut at SAR 86.20, today, Jan. 18.

The stock rose 1% to close at SAR 84.50 – the highest since listing - with around 350,000 shares traded so far.

The company was established in 1994 and listed on the Saudi Stock Exchange (Tadawul) on Dec. 17, 2012.

The firm's business is divided into four basic sections, namely, Dallah Hospital, Dallah Pharma, operation and management, and investments.

Dallah Hospital provides medical services to outpatient clinics and inpatient departments, while Dallah Pharma's business includes wholesale distribution of pharmaceutical, medical, herbal, and cosmetic products.

The operation and management section manages hospitals owned by other parties. In addition, the company has several investments under the healthcare sector in the Middle East.

The company increased its capital three times to reach SAR 900 million, as follows: