Financial Results : Dallah Healthcare 2021 profit after minorities rises to SAR 258.3 mln, Q4 up 27% to SAR 73.4 mln

Dallah Healthcare 2021 profit after minorities rises to SAR 258.3 mln, Q4 up 27% to SAR 73.4 mln

22/03/2022 Argaam Exclusive

View other reports

Dallah Healthcare Co. reported a net profit after Zakat and tax after minorities of SAR 258.3 million for 2021, an 88% increase, from SAR 137.7 million logged a year earlier.



Financials (M)

Item 2020 2021 Change‬
Revenues 1,318.25 2,105.18 59.7 %
Gross Income 449.73 760.36 69.1 %
Operating Income 125.16 327.92 162.0 %
Net Income 132.00 258.60 95.9 %
Average Shares 90.00 90.00 -
EPS (Riyals) 1.47 2.87 95.9 %

The profit surge was attributed to higher revenue driven by the acquisitions made by the company during the last quarter of the previous year and increasing the number of patients, which led to an increase in occupancy rates for outpatient clinics and inpatient.

 

Improved gross profit margin due to a decrease in cost of revenue as a percentage of revenue was also cited as a reason for the increase by the company.

 

Dallah reported a net profit of SAR 73.4 million for Q4 2021, a 27% increase, from SAR 57.7 million in Q4 2020.

 

On a sequential basis, net earnings fell 13.3% from SAR 84.7 million in Q3 2021.



Current Quarter Comparison (M)

Compared With The
Item Q4 2020 Q4 2021 Change‬
Revenues 405.30 575.57 42.0 %
Gross Income 143.57 222.91 55.3 %
Operating Income 40.26 116.48 189.4 %
Net Income 51.98 108.60 108.9 %
Average Shares 90.00 90.00 -
EPS (Riyals) 0.58 1.21 108.9 %

Total shareholders’ equity, excluding minority interest, grew 4% to SAR 1.867 billion from SAR 1.795 billion a year ago.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.