Riyadh – Mubasher: Nahdi Medical Company’s net profit edged higher by 0.54% year-on-year (YoY) to SAR 892.60 million in 2023 from SAR 887.80 million.
Revenues grew 1.13% YoY to SAR 8.71 billion last year from SAR 8.61 billion, according to the annual financial results.
The earnings per share (EPS) reached SAR 6.87 in the 12-month period that ended on 31 December 2023, up from SAR 6.83 in 2022.
Cash Dividends
Nahdi Medical’s board decided to distribute SAR 390 million, or SAR 3 per share, in cash dividends to shareholders for the second half (H2) of 2023.
The distribution date is 2 April 2024 and the eligibility date is 21 March.
During the first nine months (9M) of 2023, Nahdi Medical logged 4.96% YoY lower net profits after Zakat and tax to SAR 722.10 million, against SAR 759.80 million.
