Dallah Health Services announced the start of operation of the first phase of Dr. Muhammad Al-Faqih Hospital, located in the east of the city of Riyadh and owned by Dr. Mohammed bin Rashid Al-Faqih and his partners.
The company said in a statement to the Saudi market (Tadawul) today, Wednesday, that the company invests in the hospital at a rate of 31.21%.
This hospital was built with a total capacity of 308 beds.
It is expected that the positive financial impact of this hospital will start with the percentage of Dallah Health Company’s share in the capital of Dr. Mohammed Rashid Al-Faqih and Partners Company during the year 2022.
Dallah's health profits fell 48.1% in the first half of this year, to reach 26.2 million riyals, compared to profits of about 50.5 million riyals for the same period last year.
(Amazon Fun Knowledge)
