Middle East Healthcare Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

15 May 2022
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- Last year there was decease in volume of business with one of key client which is recovered back. Dammam Hospital is also in showing progress in ramping up.

2- Due to change in pricing and case mix.

The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is

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

1- There is slight increase in revenue due to the revised prices with key customer.

2- Last quarter there was a huge expense related to rebranding which is not in current period.

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