Fakeeh Care Group's net profit rises 11% to $18m in Q1

Revenue grew 3% YoY to $187m (SAR 701m).

Fakeeh Care Group reported an 11% year-on-year (YoY) increase in net profit to $18m (SAR 67.4m) for the first quarter of the year.

Revenue grew 3% YoY to $187m (SAR 701m), driven by an increase in patient volumes and a group-wide improvement in the business mix.

Meanwhile, EBITDA went down 17.3% to $32.3m (SAR 121.1m).

SAR 1 = $0.27