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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 |
15/12/2025
Commercial Bank has launched Qatar's first Metaverse-enabled 'Auto Marketplace' on the CBQ Mobile App.
Through this innovation, customers can now explore a fully interactive, virtual showroo
Gulf Times
15/12/2025
Bank Nizwa, a leading Islamic bank in the Sultanate of Oman, has announced the appointment of Tariq bin Atiq as its new Deputy Chief Executive Officer and Chief Operations Officer, in line with its o
Trade Arabia
15/12/2025
Bank ABC, a leading player in the region's banking industry, said it has once again been named 'Transaction Bank of the Year - Middle East in 2025' by The Banker (Financial Times), marking the third
Trade Arabia
15/12/2025
Dar Al Majd Real Estate Company (Al Majdiah) has announced that it has signed an agreement with the Jadwa Al Manzel Real Estate Fund for the development of three residential projects worth SAR265 mil
Trade Arabia
15/12/2025
Saudi-based Taiba Investments Company has announced that one of its key subsidiaries, Smart Hotel Zone Company, had signed a construction contract with Al Saad Contracting Company for a key hotel pro
Trade Arabia
Financial Information Co.
Saudi Arabia