Medicare Group reports 18% jump in H1 profit to QR96.02mn

21/07/2015 09:19 AST

Medicare Group has reported an 18% jump in net profit to QR96.02mn in the first six months of this year on the back of strong core earnings.

Operating income grew 21% to QR306.38mn but operating costs rose by 22% to QR160.54mn; yet translating as 20% expansion in gross profit to QR145.83mn, according to its financial statement filed with the Qatar Stock Exchange.

Other income surged 28% to QR9.93mn; while income from deposits with an Islamic bank fell 35% to QR0.6mn.

General and administrative expenses shot up 24% to QR48.22mn. The healthcare service provider also reported QR0.39mn as finance cost.

Total assets were valued at QR1.08bn comprising current assets of QR0.32bn and non-current assets of QR0.76bn.

Total equity stood at QR882.82mn on a capital base of QR281.44mn and earnings-per-share was QR3.41 at the end of June 30, 2015.


Gulf Times

News

Medicare Group achieves QR76mn net profit, up 26.6% y-o-y in 2025

18/02/2026

Medicare Group reported a QR76mn net profit by the end of 2025, with a 26.6% year-on-year (y-o-y) growth from QR60mn.

In a meeting presided over Tuesday by chaired by Medicare Group chairman

Gulf Times

Medicare Group's net profit at QR36.25m

12/10/2017

Medicare group has disclosed the interim financial statement for the period ended on September 30, 2017.

Statements posted on QE website showed that the net profit is QR36.25m compared to ne

The Peninsula

Masaieed Petrochemical net profit reduced to QR 102 million

22/04/2015

Mesaieed Petrochemical Holding Company disclosed the interim financial statement for the three month period ended March 31, 2015. The financial statements revealed a net profit of QR 102 Million in c

Qatar Exchange

Most Viewed Companies

Ticker Price Volume

Valuation

MCGS Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
QFLS 11.85 -0.02 (-0.17%)
ZHCD 10.60 -0.14 (-1.31%)
MERS 13.14 0.03 (0.22%)
BLDN 1.23 -0.01 (-0.81%)
MCCS 5.14 -0.05 (-0.97%)

Recent News

KFH-Bahrain sponsors social housing summit

01/10/2026

Kuwait Finance House-Bahrain (KFH-Bahrain) has announced its Platinum Sponsorship of the second Innovation in Social Housing Conference and Exhibition 2026 at Exhibition World Bahrain.

Held

GDN Online

NBB scouts for new CEO as Usman Ahmed resigns

01/10/2026

The board of National Bank of Bahrain (NBB) is well advanced in its search for a new group chief executive to lead its next phase of growth and strategic development.

The move comes as part

GDN Online

Commercial Bank wins 'Leadership Skills Development' accolade at Qatar Private Sector Nationalisation Awards 2026

01/10/2026

Commercial Bank has received the 'Excellence Award for Leadership Skills Development' at the first edition of the Qatar Private Sector Nationalisation Awards 2026, held by the Ministry of Labour.

Gulf Times

AlRayan Bank announces new Group CEO

01/10/2026

AlRayan Bank has announced the appointment of Usman Ahmed as its new Group Chief Executive Officer, as approved by the Qatar Central Bank.

The bank also announced that Fahad al-Khalifa concl

Gulf Times

Nakilat boosts fleet with new LPG/Ammonia carrier

01/10/2026

Qatar Gas Transport Company Limited (Nakilat) has celebrated the naming of the latest LPG/Ammonia carrier to join its fleet during a special ceremony held at the HD Hyundai Samho shipyard in Yeongam,

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap