Al Hammadi expects to reach breakeven in second quarter

Riyadh-Mubasher: Al Hammadi Company for Development and Investment has signed agreements with its insurance partners to offer health services to the customers of such companies through Al Hammadi Al Suwaidi Hospital, the company said in a filing to the Saudi bourse.

The move will boost the hospital’s occupancy rate, and thus will help the company reach a breakeven in the second quarter of 2016 instead of the third quarter of the same year. 

Mubasher Contribution Time: 15-Feb-2016 13:22 (GMT)