Latest news with #Mouwasat
Zawya
31-07-2025
- Business
- Zawya
Saudi: Mouwasat logs over $102mln profits in H1-25
Riyadh: Mouwasat Medical Services Company posted 18.41% year-on-year (YoY) higher net profits at SAR 384.01 million in the first half (H1) of 2025, versus SAR 324.28 million. The revenues increased by 10.44% to SAR 1.56 billion in H1-25 from SAR 1.41 billion a year earlier, according to the financial statements. Earnings per share (EPS) hit SAR 1.92 as of 30 June 2025, higher than SAR 1.62 in H1-24. Financials for Q2-25 In the second quarter (Q2) of 2025, Mouwasat achieved net profits valued at SAR 186.97 million, an annual hike of 22.44% from SAR 152.70 million. Revenues amounted to SAR 796.35 million in the April-June 2025 period, up 15.36% YoY from SAR 690.30 million. Quarterly, the Q2-25 net profits dropped by 5.11% from SAR 197.05 million in Q1-25, while the revenues jumped by 4.18% from SAR 764.35 million. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
Zawya
06-03-2025
- Business
- Zawya
Saudi: Mouwasat logs $172.26mln net profit, 6% higher revenue in 2024
Riyadh – Mouwasat Medical Services Company registered net profits amounting to SAR 645.76 million in 2024, which marked a 1.81% decrease from SAR 657.69 million in 2023. The earnings per share (EPS) declined to SAR 3.23 in 2024 compared to SAR 3.29 in 2023, according to the financial results. Meanwhile, the medical company generated 6.43% higher revenue at SAR 2.87 billion in 2024 from SAR 2.70 billion in 2023. In the first nine months (9M) of 2024, Mouwasat recorded net profits worth SAR 473.92 million compared to SAR 473.52 million in 9M-23, signalling a marginal increase of 0.08% on an annual basis. The EPS remained unchanged at SAR 2.37 in 9M-24 when compared to 9M-23. Meanwhile, Mouwasat achieved a 9.90% growth in revenue to SAR 2.12 billion during the January-September 2024 period from SAR 1.93 billion in 9M-23. It is worth noting that the medical company decided to pay SAR 400 million worth of cash dividends for 2024. This will be equivalent to SAR 2 per share for 200 million eligible shares. Source: Mubasher
