The Clap
Dallah Healthcare Company’s (4004) net profit increased by 46.23% in Q2-2022, reaching 69.5 million riyals after zakat and taxes.
In comparison, Dallah reported a net profit of approximately 47.5 million riyals in Q2-2021.
The Deets
The company explained that this increase was mainly due to growth in revenue, which rose 18.9% to 583.82 million riyals during Q2 2022.
Dallah indicated that the increase in its profits came from continued growth in its operations. In addition to the increase in occupancy rates, in both the inpatient and outpatient departments.
About Dallah
Dallah, a subsidiary of Dallah Albaraka, specializes in the health care sector and its work includes hospitals and pharmaceuticals, in addition to administration, operation, and investment.