Yesterday, Tuesday, the Medicare Group revealed the company’s audited semi-annual financial statements for the period ending on June 30, 2023, after the Qatar Stock Exchange trading session.
His Excellency Sheikh Abdullah bin Thani bin Abdullah Al Thani, Chairman of the Board of Directors of the Medical Care Group, announced that the company achieved net profits from the beginning of the year until the end of the first half amounted to 36,343,985 riyals, compared to 35,454,619 riyals for the same period last year, a growth rate of 2.5%. Earnings per share amounted to 0.129 riyals per share, compared to 0.126 riyals for the same period last year.
For his part, Mr. Khaled Al-Emadi, CEO of the Group for Medical Care and Al-Ahly Hospital, stated that the company is continuing to implement the strategic plan and expansion projects for Al-Ahly Hospital that were developed by the executive management and approved by the Council with the aim of increasing the capacity of services, facilities and buildings for the next three years.
Al-Emadi added that the company was able, thanks to God and the efforts of the employees, to increase revenues despite the high operating costs to attract medical and nursing cadres. This reflects (praise be to God) the patients’ confidence in the quality and speed of services in Al-Ahli Hospital, the medical and nursing staff, and other support services staff. And it gives an indication, praise be to God, of the success of God Almighty to us in overcoming the market changes during the previous period.
Mr. Al-Emadi concluded that this performance ultimately comes as a result of the solidarity of all employees, the spirit of one team, and the support and guidance of the Board of Directors.
