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An overview of Al Hammadi Holding
Al Hammadi Holding is an integrated healthcare group and a premier hospital operator in Riyadh, Saudi Arabia (KSA), providing world-class healthcare services to hundreds of thousands of local and foreign residents each year. Al Hammadi Holding Company is currently operating two hospitals in RIYADH, the Capital City of Kingdom of Saudi Arabia, housing 600 inpatient rooms and 180 outpatient clinics. In line with the Company’s ambitious growth plans and the Saudi Vision 2030 strategy.
Operational & Financial Review 2022
Al Hammadi recorded revenues of 1,122 million Riyals in 2022, an 18% increase from 952 million Riyals recorded in 2021 and Gross profit amounted 416 million Riyals in 2022, at 37.1% ,and the operating profit increased by 26%, to reach 292 million riyals in 2022, and the net profit at 22.9%, to reach 257 million riyals in 2022.
37.1%
Gross Profit
17.9%
Revenue
26%
Operating Profit
22.9%
Net Profit
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Annual Report 2022
Board Of Directors Report
During 2022, Al Hammadi Holding Company was able to deliver a solid performance by continuing to deliver short-term growth and profitability while pursuing its long-term value creation strategy . Al Hammadi Holding’s efforts throughout 2022 saw it end the year ideally placed to continue delivering world-class care to its patients and further growth and value for its shareholders in 2023 and beyond
