Mouwasat’s Q1 profits up 27%

Riyadh – Mubasher: Mouwasat Medical Services Company profits grew in the first quarter of fiscal 2016 by 27.2% to SAR 71.1 million ($18.96 million) from SAR 55.9 million ($14.9 million) in 2014.

The rise was attributed to the increase in revenues gained through expansion in sub specialty clinics operations and the growth in revenues of the company’s branch in Riyadh in particular, according to a bourse filing.

Mubasher Contribution Time: 19-Apr-2016 11:24 (GMT)
Mubasher Last Update Time: 19-Apr-2016 11:24 (GMT)