Riyadh – Mubasher: Arabian International Healthcare Holding Company (Tibbiyah) has recorded net profits after Zakat and tax worth SAR 82.31 million last year, down 14.06% from SAR 95.79 million in 2020.
The company’s revenues fell by 24.44% year-on-year (YoY), reaching SAR 618.54 million in 2021 from SAR 818.68 million, according to a bourse filing on Sunday.
Moreover, the earnings per share (EPS) plunged to SAR 4.1 last year from SAR 73.3 in 2020.
On the other hand, the company’s board announced a cash dividend distribution of SAR 3 per share for 2021.
Tibbiyah will pay out cash dividends of a total of SAR 60 million, representing 30% of the capital, for SAR 20 million eligible shares.
It is worth noting that in February, Aldukheil Financial Group (AFG) completed the book building process for Tibbiyah’s initial public offering (IPO).
