Miral Dental Clinics Company reported a net profit of SAR 17 million for 2024, reflecting a 35% increase from SAR 12 million in the previous year. The announcement came as the company disclosed its annual financial results for the period ending December 31, 2024.
Operating profit rose by 35% to SAR 17 million, up from SAR 12 million in 2023.
Total shareholders’ equity, excluding non-controlling interests, increased 42% to SAR 59 million as of December 31, 2024, compared to SAR 42 million in the previous year.
Earnings per share stood at SAR 8.35 in 2024, compared to SAR 6.18 in 2023.
The company stated today on Tadawul that revenue for 2024 increased by SAR 9 million, or 13.9%, reaching SAR 74.4 million. This growth was driven by new contracts with insurance companies and the recruitment of additional doctors in two branches, following the expansion of clinics at the Al Malqa branch.