Middle East Healthcare Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

14 May 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 both in 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	Increase in net profit for the current quarter compared to the previous quarter 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	Annual actuarial valuation was done at year ended 31-Dec-2022 and outcome of that valuation show increase in OCI amount. Due to that current quarter is showing decrease in total comprehensive income