Middle East Healthcare Co. announces the interim financial results for the period ending on 31-03-2016 (Three Months)
Middle East Healthcare Co. announces the interim financial results for the period ending on 31-03-2016 (Three Months)
| Introduction | |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Gross Profit for the 3 months period increased by 3.61% mainly due to the increase in inpatient and outpatient traffic. Net profit marginally come down by 0.19% due to the increase in General & Administration Expenses. |
| Reasons of increase (decrease) for quarter compared with previous quarter | Increase in net profit for the current quarter compared to the previous quarter by 2.81% is mainly due to the increase in outpatient traffic. |
| Other notes | According to SOCPA, the earnings per share for the current periods and the presented comparative periods were calculated on the basis of the new number of shares of the company (92.04 million shares) post the increase in capital approved by the Extraordinary General Assembly (EGM) of the company on 17.05.2015. |
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