Saudi Arabia .. Sulaiman Al -Habib’s share interacts positively with the financial results of the first quarter

The arrow of Dr. Sulaiman Al Habib Group for Medical Services listed in the Saudi Stock Market, with a rate of 0.91% during the Saudi Stock Exchange transactions, to circulate at the price of 289 riyals per share, after the issuance of the initial financial results for the first quarter.

274.70 thousand shares of Dr. Sulaiman Al Habib Group for Medical Services were traded at that time, with a value of trading 79.13 million riyals.

The highest price for the share was at that time at 289.80 riyals, while the lowest price for the share was at 285.40 riyals.

The share of Dr. Suleiman Al -Habib Medical Services Group witnessed a remarkable increase after announcing its initial financial results for the first quarter of 2025, as the group recorded a growth in its net profits by 1.09% compared to the same period in the previous year, despite the decline in profits by 9.25% on a quarterly basis.

The company pointed out that the net profit after calculating zakat and tax amounted to about 557.01 million riyals, compared to 550.95 million riyals during the same period last year.

The group attributed this annual growth growth to the high revenues, explaining that strategic expansion projects are still in a gradual acceleration stage in achieving returns, which was reflected in the decrease in profitable margins as a result of the continued fixed operational costs, until these projects reach their full operational capacity.

Sales also recorded a growth of 25.24% to 3.16 billion riyals, compared to 2.52 billion riyals during the first quarter of the previous year.