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الاقتصادية
Saudi profits rise 13% driven by gains
Mouwasat Medical Services Company in Saudi Arabia reported a 13% increase in profits for the second quarter of the year, reaching 211.4 million Riyals. This growth was driven by capital gains of 20.4 million Riyals and the flexibility of the operational model, which absorbed margin pressures resulting from expansions, including the upcoming start of operations at Yanbu Industrial Hospital, expected during the first quarter of 2026. In the first half of the year, profits increased by 7.4%, totaling 412 million Riyals, supported by revenue growth, land sales, and a reduction in Zakat expenses following the final assessment for 2024.
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