Middle East Healthcare Co (4009)

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News

10 July 01:49 PM Saudi German Hospital operates 21 additional clinics in Dammam

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has commenced operating 21 additional clinics in advanced medical specialities, according to a bourse disclosure. Located in Dammam, the expansion backs the company’s …

Companies Investments

8 May 08:42 PM Saudi German Hospital sees higher profits at SAR 160m in Q1-25

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) recorded net profits valued at SAR 160.13 million in the first quarter (Q1) of 2025, an annual hike of 263.93% from SAR 44 million. Revenues increased by 6.46% year-on-year …

Financial Results

25 March 01:37 PM Saudi German Hospital rolls out SAR 122m sale deal

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) sold a plot of land in the Al-Sahafa district of Riyadh, on 23 March 2025, for SAR 122 million. Spanning 4,000 square metres, the asset book value of the land stood at SAR …

Companies Investments

3 March 04:33 PM Saudi German Hospital’s profits leap 1,554% in 2024

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) achieved 1,554% higher net profits at SAR 282 million in 2024, compared to SAR 17.04  million in 2023. Revenues surged by 8.65% year-on-year (YoY) to SAR 2.88 billion as of …

Financial Results

4 November 2024 02:37 PM Saudi German Hospital posts 22% higher net profits in 9M-24

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) generated net profits worth SAR 174.86 million in the first nine months (9M) of 2024, an annual rise of 21.70% from SAR 143.67 million. Revenues amounted to SAR 2.13 billion …

Financial Results

15 September 2024 09:14 AM PureHealth’s CEO dominates Forbes Middle East’s Top 100 healthcare leaders

Mubasher: Shaista Asif, Co-Founder and Group CEO of UAE-based PureHealth Holding, led Forbes Middle East’s Top 100 healthcare leaders for the second consecutive year. The ADX-listed group logged revenues of $3.40 billion (AED 12.50 billion) in the …

Global Economy

6 August 2024 10:42 AM Saudi German Hospital’s profits exceed SAR 113m in H1-24

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) registered net profits worth SAR 113.11 million in the first half (H1) of 2024, an annual rise of 25.37% from SAR 90.37 million. The revenues jumped by 11.05% to SAR 1.40 …

Financial Results

6 May 2024 10:58 AM Saudi German Hospital’s profits rise in Q1-24; revenues cross SAR 689m

Riyadh – Mubasher: The net profits of Middle East Healthcare Company (Saudi German Hospital) amounted to SAR 51.94 million in the first quarter (Q1) of 2024. The generated net profits were higher by 3.63% year-on-year (YoY) than SAR 50.12 million, …

Financial Results

31 March 2024 05:00 PM Saudi German Hospital generates SAR 180m profits in 2023

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) witnessed 139.66% higher net profits at SAR 180.18 million in 2023 from SAR 75.18 million a year earlier. Revenues jumped by 23.30% to SAR 2.65 billion last year from SAR …

Financial Results

26 February 2024 00:30 PM Saudi German Hospital concludes SAR 1bn Sukuk offering

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has completed the issuance of SAR 1 billion Sukuk. The sukuk was offered at a par value of SAR 1,000 with an annual return of around 7.20% over a five-year maturity, …

Sukuk and Islamic Finance

12 February 2024 09:39 AM Saudi German Hospital commences SAR-denominated Sukuk offering

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) started the offering of its SAR-denominated Sukuk at a par value of SAR 1,000 on 12 February. The offering will end on 25 February 2024, according to a bourse disclosure. …

Companies Investments

11 February 2024 09:49 AM Saudi German Hospital unveils medical project in Egypt

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) inaugurated a hospital in Egypt under the administrative supervision agreement with Beit Al Batterjee Medical Company. Located in Alexandria, the Batterjee Medical City …

Companies Investments

6 November 2023 10:24 AM Saudi German Hospital posts 242% leap in 9M-23 profits

Riyadh – Mubasher: The net profits after Zakat and tax of Middle East Healthcare Company (Saudi German Hospital) hiked by 241.91% to SAR 143.67 million in the first nine months (9M) of 2023 from SAR 42.02 million a year earlier. The Saudi firm …

Financial Results

24 September 2023 03:36 PM Saudi German Health announces top official appointments

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Health) has named Sobhi Abduljalil Batterjee as the Chairman of the board for the coming three years. Saudi German Health also appointed Makarem Sobhi Batterjee as the Vice Chairman …

Corporate Actions

10 September 2023 06:36 PM Saudi German Health unveils cashback solution

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Health), formerly known as Saudi German Hospitals Group, has launched a cashback solution for any received unsatisfactory services, according to a press release. All Saudi German …

Companies Investments

14 May 2023 06:26 PM Saudi German Hospital achieves SAR 50 net profit in Q1-23

Riyadh– Mubasher: Middle East Healthcare Company (Saudi German Hospital) generated net profit after Zakat and tax worth SAR 50.12 million in the first quarter (Q1) of 2023, a surge of 144.61% from SAR 20.49 million in Q1-22. The earnings per share …

Financial Results

26 February 2023 11:19 AM Saudi German Hospital records 337% leap in 2022 net profits

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) witnessed an annual hike of 337.09% in net profit after Zakat and tax to SAR 75.18 million in 2022, versus SAR 17.20 million. The Tadawul-listed firm generated revenues …

Financial Results

6 November 2022 04:47 PM Saudi German Hospital’s profits up to SAR 42m in 9M-22

Riyadh – Mubasher: The net profits after Zakat and tax of Middle East Healthcare Company (Saudi German Hospital) jumped by 18.07% to SAR 42.02 million in the first nine months (9M) of 2022, versus SAR 35.59 million in 9M-21. Revenues totalled SAR …

Financial Results

1 September 2022 04:11 PM Saudi German Hospital inaugurates new hospital in Makkah

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) announced the opening of a new hospital in Saudi Arabia’s Makkah city. The new hospital, which is part of Batterjee Medical City, is Saudi German’s 10th hospital in the …

Macroeconomics

7 August 2022 05:24 PM Saudi German Hospital posts 45.5% higher profits in H1-22 interim results

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) reported net profits after Zakat and tax worth SAR 30.92 million in the first half (H1) of 2022, an annual leap of 45.57% from SAR 21.24 million. The revenues stood at SAR …

Financial Results

7 July 2022 05:01 PM Saudi German Hospital awards SAR 223m construction deal to IHCC

Riyadh–Mubasher: The board of Middle East Healthcare Company (Saudi German Hospital) has approved to award a construction project worth SAR 223.30 million to International Hospital Construction Company (IHCC). Upon the agreement, IHCC will …

Companies Investments

26 May 2022 05:51 PM Saudi German Hospital to invest SAR 70m in medical project

Riyadh–Mubasher: Middle East Healthcare Company (Saudi German Hospital) will pay SAR 70 million to become an investment partner in Sobhi Abdul Jalil Batterjee Medical Hospital in Jeddah. The Saudi listed firm pointed out that its contribution …

Companies Investments

15 May 2022 06:29 PM Saudi German Hospital's profits leap 69% in Q1-22 interim financials

Riyadh–Mubasher: Middle East Healthcare Company (Saudi German Hospital) has achieved net profits after Zakat and tax worth SAR 20.49 million in the first quarter (Q1) of 2022, higher by 69.33% than SAR 12.10 million in Q1-21. During the …

Financial Results

31 March 2022 01:02 PM Saudi German Hospital’s profits shrink 79% in 2021

Riyadh–Mubasher: Middle East Healthcare Company (Saudi German Hospital) has reported an annual plunge of 79.02% in net profits after Zakat and tax to SAR 17.2 million in 2021, compared to SAR 81.99 million. Revenues reached SAR 1.87 billion in …

Financial Results

7 November 2021 03:12 PM Saudi German Hospital’s net profits shrink in Q3, nine months

Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) registered net profits after Zakat and tax worth SAR 14.35 million in the third quarter (Q3) of 2021. This marked a year-on-year (YoY) decline of 58.8% from SAR 34.91 …

Financial Results