Saudi healthcare provider Tibbiyah suffers losses of $6m during H1

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 supply chain, resulting in sales delays.