Dr. Sulaiman Al Habib sees higher profits in Q1-25; dividends announced
Riyadh – Dr. Sulaiman Al Habib Medical Services Group logged net profits valued at SAR 557.01 million in the first quarter (Q1) of 2025, up 1.09% year-on-year (YoY) from SAR 550.95 million
Earnings per share (EPS) rose to SAR 1.59 in Q1-25 from SAR 1.57 in Q1-24, according to the financial results.
Revenues jumped by 25.23% to SAR 3.15 billion as of 31 March 2025 from SAR 2.52 billion a year earlier.
Quarterly, the net profits generated in Q1-25 dropped by 9.24% from SAR 613.77 million in Q4-24, while the revenues edged up by 0.92% from SAR 3.12 billion.
Cash Dividends
The group's board members decided to disburse cash dividends valued at SAR 392 million for Q1-25.
Dr. Sulaiman Al Habib will pay out SAR 1.12 per share, representing 11.20% of the share's nominal value, for 350 million eligible shares.
Eligibility and payment dates for the dividends will be 8 and 26 May 2025, respectively.
As of 31 December 2024, the medical group posted 13.16% YoY higher profits at SAR 2.31 billion.
Source: Mubasher
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