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20/04/2016 05:51 AST
Mouwasat Medical Services Company, one of Saudi Arabia's largest listed healthcare providers, reported a 27.2 percent rise in first-quarter net profit on Tuesday, beating analyst forecasts as it expanded operations.
The company made a net profit of SR71.1 million ($18.97 million) in the three months to March 31, up from SR55.9 million in the same period a year earlier, it said in a bourse statement.
Four analysts polled by Reuters had on average forecast Mouwasat would make a quarterly profit of SR60.7 million.
Mouwasat attributed its profit rise to its expansion of specialist clinics and further development of its medical systems.
Saudi companies issue brief earnings statements early in the reporting period before publishing more detailed results later.
Trade Arabia
20/02/2013
Mouwasat Medical Services announces financial results for the period ending 31/12/2012
1 - The consolidated net profit amounted to SAR 171.6 million, an increase of 15.8% compare
Tadawul
20/01/2013
MOUWASAT MEDICAL SERVICES ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING 31/12/2012 (TWELVE MONTHS)
1 - The company has achieved net profit SAR 42.6 million during the 4th q
Tadawul
14/11/2012
NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager initiated on Mouwasat with an overweight rating and a PT of SR 61.2, indicating an upside of 20 percent. NCB Capi
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SULAIMANALHABIB | 251.20 | 5.40 (2.19 |
| DALLAHHEALTH | 126.40 | -3.60 (-2.77 |
| FAKEEHCARE | 37.02 | -0.02 (-0.06 |
| ALMOOSA | 167.20 | 0.70 (0.42 |
| CARE | 144.50 | 2.50 (1.76 |
02/02/2026
Gulf Warehousing Company (GWC), one of the region's leading logistics providers, has sealed a strategic collaboration with Apify, a European cloud platform specializing in web data extraction, automa
Trade Arabia
02/02/2026
Kamco Invest, a regional non-banking financial powerhouse with one of the largest assets under management in the Middle East, and PGIM, the global asset management business of Prudential Financial (P
Trade Arabia
02/02/2026
Jomana R. Alrashid, CEO of Saudi Research and Media Group, highlighted how AI cannot replace human creativity during a session at The Family Office's "Investing Is a Sea" summit at Shura Island on Fr
Arab News
02/02/2026
Hungerstation has announced a long-term strategic partnership with Abdullah Al-Othaim Markets, one of Saudi Arabia's largest and most established national retail chains.
The partnership aims
Saudi Gazette
30/01/2026
Reinforcing its leadership in financial literacy and social responsibility, Kuwait Finance House (KFH) continues to spearhead the national "Diraya" awareness campaign. Launched by the Central Bank of
Kuwait Times
Financial Information Co.
Saudi Arabia