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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 |
|---|---|---|
| MAADANIYAH | 18.00 | 151,342 |
| FIPCO | 45.05 | 42,576 |
| ASG | 0.00 | 0 |
| TRAFCO | 0.29 | 0 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| NEFTALSHARQ | 4.20 | 52,662 |
| ALINMARETAILREIT | 4.78 | 26,394 |
| Ticker | Price | Change |
|---|---|---|
| SULAIMANALHABIB | 294.00 | 2.20 (0.75 |
| FAKEEHCARE | 67.50 | 0.20 (0.29 |
| DALLAHHEALTH | 157.60 | 2.20 (1.41 |
| NABAALSAHA | 88.80 | -2.50 (-2.74 |
| CHEMICAL | 10.12 | 0.06 (0.59 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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