Riyadh – Mubasher: Mouwasat Medical Services reported net profits of SAR 43 million ($11.47 million) for the third quarter of 2016, up 17% for the same period a year earlier.
The Saudi listed company attributed its profits increase to the revenues’ growth as well as the efficient use of its assets.
As for the first nine months of 2016, the company posted net profits of SAR 183.7 million, up 18.5% from the same period of the preceding year.
