Riyadh – Mubasher: Dallah Healthcare Holding on Tuesday posted a net profit of SAR 58.3 million ($15.54 million) for the first quarter of the year, registering a 22% rise over profits achieved in the same period last year and amounting to SAR 47.8 million ($12.74 million).
A rise in total revenues resulting from increased visits to outpatient clinics, operating northern clinics and improving some contracts for services which boosted overall operational capacity have resulted in better profits for the company.
The profit rise came despite increased general, administrative and marketing expenses from the expansion of various company operations, Dallah added in its bourse filing.