Saudi German Hospital profits up 3.5% in 2020

Riyadh – Mubasher: The Middle East Healthcare Company’s (Saudi German Hospital) net profits grew by 3.5% yearly in 2020 to stand at SAR 100.98 million.

This growth in annual net earnings was driven by higher revenue and lower cost of revenue, according to a bourse filing on Sunday.

Revenue for the past year rose by 18.4% to SAR 1.77 billion, compared with SAR 1.5 billion a year earlier.

Mubasher Contribution Time: 28-Feb-2021 07:48 (GMT)
Mubasher Last Update Time: 28-Feb-2021 07:51 (GMT)