Mouwasat Medical Q1 net profit rises 27pc

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

News

Mouwasat Medical Services announces financial results

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

MOUASAT Announces Its Interim Consolidated Financial Results

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

NCB Capital initiates on Mouwasat with overweight rating

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

Most Viewed Companies

Ticker Price Volume

Valuation

MOUWASAT 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
SULAIMANALHABIB 214.00 -5.00 (-2.29%)
DALLAHHEALTH 116.40 0.50 (0.43%)
FAKEEHCARE 38.30 0.42 (1.10%)
CHEMICAL 8.24 -0.03 (-0.37%)
ALMOOSA 120.50 0.00 (0.00%)

Recent News

Gulf Bank announces a new internal Employee Financial Wellbeing Initiative

23/06/2026

As the most rewarding bank in Kuwait and the bank closest to the community, Gulf Bank continues to extend this commitment from its customers and the wider community to its own employees. In line with

Gulf Times

NBK achieves milestone as first GCC bank to obtain 4 ISO certifications across HR functions

23/06/2026

National Bank of Kuwait (NBK) announced a major milestone with the Group Human Resources Department obtaining four internationally recognized ISO certifications, reflecting the Bank's steadfast commi

Kuwait Times

Zain Shabab Club lands on V-Thru

23/06/2026

Zain Kuwait on June 22 announced its latest partnership with V-Thru, Kuwait's leading virtual drive-thru platform, to launch the Zain Shabab Club, an exclusive club within the V-Thru app dedicated to

Kuwait Times

e& UAE unveils strategic blueprint for autonomous networks in AI era

23/06/2026

Leading UAE telecom services company e& has partnered with TM Forum to jointly release a new white paper titled 'The Path to Full Autonomy: e& UAE's Strategic Blueprint for Network Transformation in

Trade Arabia

Knowledge Economic City showcases $6.3bn Madinah vision at FHS 2026

23/06/2026

Knowledge Economic City (KEC), the publicly listed master developer leading Madinah's urban transformation, announced its participation as Strategic Partner at Future Hospitality Summit (FHS) Saudi A

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