Riyadh – Mubasher: The general assembly of Middle East Healthcare Company (Saudi German Hospital) has approved the board’s proposal of not distributing cash dividends for the year ended 31 December 2018.
The assembly has also approved the financials of 2018, and discharging board members from liability for the fiscal year 2018, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.
It is worth mentioning that the Saudi healthcare providers reported an 83% year-on-year decline in its profits for the first quarter of 2019.