Mouwasat expects operational capacity to rise 13% on new project

 

Riyadh – Mubasher: Mouwasat Medical Services said that actual operation Al Jubail city hospital expansion project will commence on Tuesday after the company received all the necessary approvals from the Ministry of Health.

The company noted that operational capacity is projected to rise by 13% and revenues to grow 4% on the back of this expansion, it said in a filing to the Saudi Stock Exchange Tadawul on Monday.

Financial impact is expected to be seen in the second half of the year, the statement added.

Mubasher Contribution Time: 23-May-2016 16:01 (GMT)
Mubasher Last Update Time: 23-May-2016 16:01 (GMT)