62 Days
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الاقتصادية
Almouasa profits increase 13% due to capital gains
Al-Mouwasat Medical Services Company's net profits increased by 13% in the second quarter of the year, reaching SAR 211.4 million. This growth was driven by a capital gain of SAR 20.4 million and the absorption of margin pressures resulting from expansion efforts, including the startup of Yanbu Industrial Hospital, which is expected to commence operations in the first quarter of 2026. During the first half of the year, net profit rose by 7.4% to SAR 412 million, fueled by revenue growth, land sales, and improved zakat expenses.
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