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 14.30 -0.02 (-0.14%)
ZHCD 15.30 0.00 (0.00%)
MERS 14.19 0.07 (0.49%)
BLDN 1.38 -0.01 (-0.72%)
MCCS 5.13 -0.02 (-0.39%)

Recent News

Beyon Cyber named fastest-growing cybersecurity company by Deloitte

28/04/2026

BEYON Cyber has been recognised as the fastest-growing cybersecurity company in the region for the fourth consecutive year by Deloitte.

The company, part of the Beyon Group, secured its rank

GDN Online

Adnoc LNG tanker crosses Strait, headed to India, says report

28/04/2026

A liquefied natural gas (LNG) tanker managed ?by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, ship-tracking data quoted by Reuters showed.

The 136,357 cu m tank

GDN Online

QNB's ISO 9001:2015 certification extended to international network

28/04/2026

QNB Group has expanded the scope of its ISO 9001:2015 certification for the Policies and Procedures Department within the Operations Control Division to include its diverse international network.

Gulf Times

Baladna achieves 6% net profit growth in Q1 2026

28/04/2026

Baladna Q.P.S.C., Qatar's leading dairy and juice company, announced its financial results for the three-month period ended 31 March 2026. The Company delivered strong profitability during the quarte

Gulf Times

Zain Kuwait tops Service Hero's Telecom ranking for 14th time, country's leading ISP for 10th time

28/04/2026

Zain Kuwait has reaffirmed its leadership in customer experience after ranking first in the Telecom category of Service Hero's Customer Satisfaction Index for the 14th time. The company also secured

Kuwait Times

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