Dallah Health’s Q3 net profits jump 61% year on year

Dallah Health’s Q3 net profits jump 61% year on year

Riyadh, KSA – Dallah Health , a leading healthcare provider serving more than 1.5 million patients annually, announced today its financial results for the third quarter of 2021, recording a 55% increase in revenues and 61% increase in net profits compared to the third quarter of 2020. Looking at the first nine months of the year, Dallah Health’s revenues grew 67.5% to SAR1.53 billion compared to SAR913 million in the same period of 2020, while net profits after zakat and taxes increased by 139% to SAR191.4 million compared to SAR80 million in the first nine months of 2020. “The group’s strong performance is a result of increasing footfall to our hospitals and higher occupancy rates at our Dallah Namar facility, which continues to establish itself as the first choice for patients in the area looking for trusted medical advice,” said Eng. Tariq Othman AlKasasbi, Chairman of Dallah Health Group . “Our recent acquisitions of additional medical facilities have also started to reflect positively on the group’s bottom line,” he added. According to AlKasabi, this growth is in alignment with Dallah’s expansion strategy which includes both existing and new healthcare facilities to serve communities across Saudi Arabia. Enhancing the overall patient