Dr. Sulaiman Al Habib Medical Services Group announced the distribution of cash dividends to shareholders of 175 million riyals for the first quarter of 2020.

According to Arabia Net, the company said in a statement that the total amount distributed is 175 million riyals over 350 million shares, bringing the share of the share to 50 halala.

She pointed out that the eligibility date is the end of the trading session on July 2, 2020, and the profits will be distributed on July 20.

The profits of Sulaiman Al Habib Medical Group increased by 5.3% to 246.6 million riyals at the end of the first quarter 2020, compared to 234 million riyals in the corresponding quarter of last year. p>

The company said that the reason for the increase in profits during the current quarter, compared to the same quarter of the previous year is due to higher revenues due to the increase in the number of patients as a result of the opening of the Khobar Hospital and the start of its operation During the second quarter of 2019, as well as to the increase in the sales of the pharmacy sector, where the growth rates in the hospital and pharmacies sector were 5.41% and 13.94%, respectively, in addition to the increase in revenues from new contracts obtained by the group during the year 2019 in the solutions sector, where it continued The solutions sector has grown by 152.38% and an increase of 32 million riyals.