As a result of the increase in the number of patients in outpatient and inpatient clinics
The net profit of the Middle East Healthcare Company, “Saudi German Health”, increased by 337.09% after zakat and tax in 2022, to about 75.18 million riyals, compared to about 17.2 million riyals in 2021.
The “Saudi German Health” said in a statement on “Saudi Tadawul”, today, Sunday, that the reason for the increase in net profit for the year 2022 compared to 2021 is due to the increase in the number of patients in outpatient and inpatient clinics, and an increase in revenue due to adjusted prices with main clients, accreditation and case mix. , in addition to an increase in efficiency due to the intensification of new facilities.
And she explained that during the year 2022, she opened three health care facilities in Jeddah, Abha and Makkah Al-Mukarramah, bringing the number of the group’s facilities to 8 hospitals and 2 clinic complexes in seven cities in the Kingdom of Saudi Arabia.
She indicated that the result of 2022 included a negative result achieved in the three new facilities, with a value of 54 million riyals.
