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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 | 264.00 | 1.00 (0.38 |
| DALLAHHEALTH | 137.20 | 1.30 (0.95 |
| FAKEEHCARE | 41.22 | 0.24 (0.58 |
| AME | 131.40 | 1.60 (1.23 |
| ALMOOSA | 179.30 | 1.30 (0.73 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia