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#1- Sulaiman Al Habib Medical Services’ net income rose 24% y-o-y to SAR 2 bn in 2023, it said in a disclosure to Tadawul yesterday. Revenues rose 14% y-o-y to SAR 9.5 bn in the same time period on the back of growth in the hospital and pharma segments.
The healthcare provider’s BoD has proposed a SAR 402.5 mn cash dividend payouts of SAR 1.15 per share for 4Q 2023 to be distributed on Monday, 4 March, it said in a Tadawul disclosure.
#2- The National Agricultural Development Company (NADEC)’s net income tripled y-o-y to SAR 302 mn in 2023, it said in a disclosure to Tadawul yesterday. Revenues rose 18.7% y-o-y to SAR 3.2 bn in the same period on the back of growth from the company’s dairy and food processing sector (19%) as well as the agricultural sector (6%).
#3- Gulf Ins. Group’s net income increased 8x y-o-y to SAR 128.5 mn in 2023, up from SAR 16 mn, it said in a disclosure to Tadawul yesterday. Revenues rose 5.7% y-o-y to SAR 1.6 bn in the same period on the back of growth from its property, casualty and health sectors.
#4- Academy of Learning Company’s net income rose 34.2% y-o-y to SAR 28.7 mn in 2023, it said in a disclosure to Tadawul yesterday. Revenues rose 48% y-o-y to SAR 93 mn over the same period on the back of opening new branches.
The company’s BoD has proposed SAR 9 mn cash dividend payouts of SAR 0.15 per share for 2H 2023, it said in a separate disclosure to Tadawul. The distribution will take place on Thursday, 4 April.
