Saudi German Health’s profits jump 1554.9% at the end of 2024 to 282 million riyals

Middle East Healthcare Company revealed a growth in net profit at the end of 2024 to 282 million riyals compared to 17 million riyals last year, by 1554.9%. This came after announcing today the annual financial results ending on December 31, 2024.

Operating profit amounted to 440.9 million riyals at the end of 2024 compared to 323.9 million riyals last year, an increase of 36.1%.

Total equity (after excluding non-controlling interests) in the current year amounted to 1.6 billion riyals compared to 1.3 billion riyals last year, an increase of 23.2%.

Earnings per share in the current year reached 3.06 riyals compared to 0.19 riyals last year.