Riyadh – Mubasher: Dallah Healthcare Holding Company posted on Wednesday a net profit of SAR 54.4 million ($14.5 million) for the second quarter of the fiscal year 2016, 51.53% up from SAR 35.9 million ($9.57 million) reported for Q2-15.
However, net profit retreated 6.7% quarter-on-quarter, according to a bourse filing.
The y-o-y rise was attributed to the increase in revenues' volume, despite the increase in general and administrative expenses.
In the first half of fiscal 2016, net earnings grew by 34.77% to SAR 112.8 million from SAR 83.7 million reached in the same period of 2015.
The company earlier reported a rise of 22% in its profits for Q1-16 to SAR 58.3 million, versus SAR 47.8 million posted for Q1-15.
