Financial Results : Dallah net profit up 15% to SAR 94.7 mln in Q1

Dallah net profit up 15% to SAR 94.7 mln in Q1

22/05/2023 Argaam Exclusive

View other reports

Dallah Healthcare Co. posted a net profit of SAR 94.7 million in Q1 2023, a 15% increase from SAR 82.6 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2022 Q1 2023 Change‬
Revenues 609.40 716.64 17.6 %
Gross Income 231.69 266.79 15.1 %
Operating Income 109.93 132.49 20.5 %
Net Income 82.63 94.66 14.6 %
Average Shares 90.00 97.68 8.5 %
EPS (Riyals) 0.92 0.97 5.6 %

The positive performance was driven by an 18% year-on-year (YoY) increase in revenue to SAR 717 million due to higher number of inpatients and outpatients and higher occupancy rates.

 

Dallah’s loss share in investee companies decreased by SAR 8 million to SAR 2 million due to the improved performance of the investee companies.

 

This was partially offset by the increase in financing expenses, which reached SAR 28 million for the first quarter of 2023, compared to SAR 11 million for the same quarter in 2022.

 

Sequentially, net profit rose 20.7% from SAR 78.4 million in Q4 2022.

 

Shareholders’ equity, excluding minority interest, stood at SAR 3.12 billion as of March 31, 2023, compared to SAR 1.95 billion a year earlier.

View more financial results

 

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.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.