Financial Results : Aldawaa profit leaps 25% to SAR 95.3M in Q1 2024

Aldawaa profit leaps 25% to SAR 95.3M in Q1 2024

29/04/2024 Argaam Exclusive

View other reports

Aldawaa Medical Services Co. (DMSCO) reported a net profit of SAR 95.3 million for Q1 2024, leaping 25% from SAR 76.3 million in the same period last year.



Current Quarter Comparison (M)

Compared With The
Item Q1 2023 Q1 2024 Change‬
Revenues 1,407.59 1,516.42 7.7 %
Gross Income 534.98 564.42 5.5 %
Operating Income 116.00 130.49 12.5 %
Net Income 76.25 95.33 25.0 %
Average Shares 85.00 85.00 -
EPS (Riyals) 0.90 1.12 25.0 %

Revenues in the first quarter of 2024 grew 7.7% year-on-year (YoY) to SAR 108.8 million, due to the increase in sales activities across all channels.

 

Gross profit increased by 5.5% YoY to SAR 29.4 million, and operating profit grew by 13.6% YoY on controlling expenses.

 

Sequentially, Q1 2024 net profit was up 3.2% from SAR 92.35 million in Q4 2023, mainly fueled by a 4% rise quarter-on-quarter in revenues to SAR 58.3 million.

 

Total shareholders’ equity, no minority interest, rose to SAR 1.29 billion as of March 31, 2024, from SAR 1.07 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.