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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 | Change |
|---|---|---|
| SULAIMANALHABIB | 291.80 | 1.80 (0.62 |
| DALLAHHEALTH | 160.40 | 2.40 (1.51 |
| FAKEEHCARE | 59.50 | 1.00 (1.70 |
| CHEMICAL | 11.72 | 0.10 (0.86 |
| NABAALSAHA | 88.80 | -2.50 (-2.74 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
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Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
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One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
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Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
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Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.