Middle East Healthcare Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )

3 August 2023
Introduction
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is

Increase in net profit for the current quarter compared to the same quarter of the last year is due to:

1- Increase in number of patients in both outpatient and inpatient

2- Increase in efficiency due to ramping up of new facilities.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is

Decrease in net profit for the current quarter compared to the previous quarter is due to:

1- Due to the lower number of working days in the second quarter because of Ramadan and Eid holidays.

2- Due to higher depreciation and finance cost.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is

Increase in net profit for the current six months period compared to the same period of last year is due to:

1- Increase in revenue due to increase in number of inpatients and increase in the Group’s capacity.

2- Increase in efficiency due to ramping up of new facilities.
Statement of the type of external auditor's report

Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion

N/A
Reclassification of Comparison Items

N/A
Additional Information

N/A