Future Care posts 24% rise in H1 2023 profit to SAR 5.9 mln

14/08/2023 Argaam Exclusive

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Share Price

10.80
0.00 0.00 %

Future Care Trading Co. (FUTURE CARE)

Future Care Trading Co. reported a 24% increase in H1 2023 net profit to SAR 5.9 million from SAR 4.8 million a year earlier.



Financials (M)

Item 6m 2022 6m 2023 Change‬
Revenues 15.04 23.04 53.2 %
Gross Income 8.25 11.61 40.6 %
Operating Income 4.83 5.50 14.0 %
Net Income 4.77 5.89 23.5 %
Average Shares 500.00 500.00 -
EPS (Halala) 0.95 1.18 23.5 %


The half-year results were lifted by an increase in the number of patients, and the opening of new branches in Riyadh and Dammam. Future Care also recorded a rise in the number of services, and embarked on its expansion plans.

 

Shareholders’ equity, no minority interest, reached SAR 65.01 million as of June 30, 2023, up from SAR 58.47 million in the prior-year period.

 

Historical Data

Period

Revenue

(SAR mln)

Net Profit

(SAR mln)

EPS

(SAR)

H1 2021

41.07

20.06

0.04

H2 2021

30.96

16.64

0.03

H1 2022

15.04

4.77

0.05

H2 2022

19.09

0.36

0.00

H1 2023

23.04

5.89

0.01

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