Miral H1 2024 net profit up 8% to SAR 6.5M

27/08/2024 Argaam Exclusive

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Miral Dental Clinics Co. posted SAR 6.5 million in net profit for H1 2024, a rise of 8% from SAR 6.1 million a year ago.



Financials (M)

Item 6m 2023 6m 2024 Change‬
Revenues 30.70 33.98 10.7 %
Net Income 6.06 6.54 7.9 %
Average Shares 2.00 2.00 -
EPS (Riyals) 3.03 3.27 7.9 %


The annual profit growth was driven by the 11% year-on-year (YoY) revenue hike to SAR 3.28 million on the expanded number of clinics in the Al-Malqa branch and the higher doctor count at the main branches of Al-Tahlia and Al-Malqa districts.

 

Shareholders' equity (no minority interest) climbed to SAR 49.42 million, compared to SAR 36.65 million in H1 2023.

 

Historical Data

Period

Revenue

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2022

26.52

5.27

2.64

H2 2022

31.94

5.97

2.98

H1 2023

30.70

6.06

3.03

H2 2023

34.67

5.91

2.95

H1 2024

33.97

6.54

3.27
 

 

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