Dallah Health Services Company achieved a growth of 103.7% in net profit for the year 2021 to reach 275 million riyals, compared to 135 million riyals during the year 2020.
According to Arabia Net, the company's revenues amounted to 2.1 billion riyals, compared to 1.318 billion riyals during the same period last year, with a growth rate of 59.7%.
The company attributed this to the acquisitions made by the company during the last quarter of the previous year, and the increase in the number of patients, which led to an increase in occupancy rates for outpatient clinics and inpatient departments, and an improvement in the margin of Gross profit as a result of the decrease in the cost of revenue ratio compared to the revenues for the current year compared to the previous year.
The company explained that this improvement came despite a decrease in other revenues compared to the previous year, as the year 2020 included gains from the acquisition of stakes in subsidiaries of 35 million riyals, and an increase in costs Financing due to financing the company's expansion plans, and increasing the company's share in the losses of associates.
