Recently-listed Canadian Medical Center logs SAR 5m profits, announces H1-21 dividends

Riyadh – Mubasher: The Canadian Medical Center Company reported a plunge of 40.9% in net profits after Zakat and tax to SAR 4.96 million in the first half (H1) of 2021 from SAR 8.39 million in H1-20.

Earnings per share stood at SAR 0.64 in H1-21, according to the financial results on Sunday.

Revenues meanwhile increased by 1.17% to SAR 30.18 million in the first six months of 2021 from SAR 29.83 million in the same half last year.

The company, which has listed its shares on the Saudi Exchange (Tadawul) earlier this month, recommended a cash dividend of SAR 1.5 per share, representing 15% of the share’s par value, for H1-21.

Canadian Medical Center plans to distribute a total amount of SAR 11.55 million as dividends for 7.7 million eligible shares.

Mubasher Contribution Time: 15-Aug-2021 11:50 (GMT)
Mubasher Last Update Time: 15-Aug-2021 11:50 (GMT)