After zakat and taxes, Al-Nahdi Medical Company’s net profits in the third quarter of 2022 were roughly 253. 8 million riyals, up 2.54 percent from 247. 5 million riyals in the corresponding quarter of 2021.
The net medical profits of Nahdi decreased by 5. 47% in the third quarter of 2022, compared to a net profit of about 268. 5 million riyals in the second quarter of 2022, according to a disclosure of the Saudi stock market “Tadawul”.
Due to the company’s revenues rising by 5 in the third quarter of this year, earnings increased year over year. 7%, mostly fueled by expansion in the pharmaceutical industry and an uptick in travellers to the Two Holy Mosques in Makkah and Madinah.
Additionally, a 6. Total profit increased by 2% in line with revenue growth.
The medical revenues of Al-Nahdi rose by 13. To approximately 759 in the first nine months of 2022.
After zakat and tax, the amount was 8 million riyals as opposed to 669,3 million riyals in the same time from 2021.
The Saudi market. Al-Nahdi Medical’s third-quarter earnings increased 2.5% to 253.8 million riyals.
About Author
