Riyadh – Mubasher: Mouwasat Medical Services achieved an 11% increase in net profit year-on-year to SAR 62.3 million ($16.6 million) in the second quarter of 2016 from SAR 56.1 million ($14.96 million).
Profits were up during the period on higher revenues in the company’s Riyadh branch, added to the expansion in sub-specialty clinic operations, according to a bourse filing on Wednesday.
The Saudi-listed company’s net profit rose 19.11% to SAR 133.4 million in the first half of 2016 from SAR 112 million in the same period of 2015
