Dr. Sulaiman Al Habib Group has recorded a 22 percent increase in profit to $210 million for the first half of 2022, fueled by higher revenue.
The company’s revenue increased 16 percent, reaching $1.06 billion for the six months period ended 30th June 2022, compared to $906 million in the corresponding period of the previous year, driven by growth in the hospital segment.
Following the announcement, its board recommended distributing $80 million in dividends at SR0.86 per share during the second quarter of 2022.