Arabian International Healthcare Holding Company (Tibbiyah), a leading integrated healthcare solutions provider in Saudi Arabia, has posted a first-half (H1) net loss of SR20.7 million ($5.5 million).
RIYADH: Arabian International Healthcare Holding Co. suffered losses of SR21 million ($6 million) during the first half of the year from profits of SR5.1 million in the prior-year period. Also known as Tibbiyah, its revenues plummeted 14 percent to SR215 million in the first half, a bourse filing shows. Tibbiyah has attributed the poor performance to disruptions in the global
Arabian International Healthcare Holding Company (Tibbiyah), a leading integrated healthcare solutions provider in Saudi Arabia, has posted a first-half (H1) net loss of SR20.7 million ($5.5 million).
RIYADH: Arabian International Healthcare Holding Co., known as Tibbiyah, signed a joint venture agreement with BGI Almanahil Health for Medical Services to establish a limited liability firm under the name of Saudi Advanced Medical Lab. This new firm, 50-50 owned by Tibbiyah and BGI Almanahil, will provide testing and bio-information services for clinical laboratories,