Mouwasat Medical Services Co (4002)

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News

13 January 01:38 PM Mouwasat to build SAR 900m hospital in Riyadh

Riyadh - Mubasher: Mouwasat Medical Services Company obtained the board’s approval to establish a new hospital project in Riyadh at a total cost of SAR 900 million. Located in Al-Narjis District, the project will have a capacity of 280 beds, …

Companies Investments

2 November 2025 02:02 PM Mouwasat records 23% higher net profits in 9M-25

Riyadh - Mubasher: Mouwasat Medical Services Company delivered net profits valued at SAR 583.67 million in the first nine months (9M) of 2025, marking a 23.15% year-on-year (YoY) hike from SAR 473.92 million. Earnings per share (EPS) climbed to …

Financial Results

23 October 2025 11:21 AM Mouwasat to establish SAR 700m hospital project in Abha

Riyadh - Mubasher: The board of Mouwasat Medical Services Company approved plans, on 21 October, to establish a new hospital in Abha at a total cost of SAR 700 million. The new facility will have a capacity of 180 beds, including specialized …

Companies Investments

3 September 2025 08:47 AM Mouwasat unveils SAR 1.3bn hospital expansions across Saudi Arabia

Riyadh - Mubasher: Mouwasat Medical Services Company expanded hospital projects across Saudi Arabia, with a total cost of SAR 1.38 billion, according to bourse disclosures. The expansion plan will be self-financed and funded by local banks with …

Companies Investments

30 July 2025 08:39 PM Mouwasat logs SAR 384m profits in H1-25

Riyadh – Mubasher: 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 …

Financial Results

5 May 2025 09:37 AM Mouwasat’s net profits jump by nearly 15% in Q1-25

Riyadh – Mubasher: Mouwasat Medical Services Company logged net profits valued at SAR 197.05 million in the first quarter (Q1) of 2025, up 14.84% year-on-year (YoY) from SAR 171.58 million. The revenues witnessed an annual growth of 5.75% to SAR …

Financial Results

5 March 2025 06:00 PM Mouwasat logs SAR 646m net profit, 6% higher revenue in 2024

Riyadh – Mubasher: 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 …

Financial Results

24 December 2024 05:29 PM Mouwasat’s board proposes SAR 400m dividends for 2024

Riyadh – Mubasher: Mouwasat Medical Services Company announced cash dividends amounting to SAR 400 million, equivalent to 20% of the capital, for 2024. The Saudi firm will pay out a dividend of SAR 2 per share for 200 million eligible shares, …

Cash Dividends

7 August 2024 11:43 AM Mouwasat’s profits up in H1-14; revenues surpass SAR 1.4bn

Riyadh – Mubasher: Mouwasat Medical Services Company recorded an annual rise of 2.24% in net profit to SAR 324.28 million in the first half (H1) of 2024, versus SAR 317.15 million. The Saudi group achieved revenues valued at SAR 1.41 billion in …

Financial Results

9 June 2024 10:48 AM Mouwasat, Aldawaa Medical Services establish medical firm

Riyadh – Mubasher: Mouwasat Medical Services Company has joined forces with Aldawaa Medical Services Company and established Modawa and Rieaya Medical Company Limited. The new joint venture (JV) will manage medical clinics activities through its …

Companies Investments

14 May 2024 02:30 PM Mouwasat generates SAR 171.5m net profits in Q1-24

Riyadh – Mubasher: The net profits of Mouwasat Medical Services Company climbed by 2.98% year-on-year (YoY) to SAR 171.58 million in the first quarter (Q1) of 2024 from SAR 166.61 million. The revenues hit SAR 722.78 million in Q1-24, up 8.81% …

Financial Results

24 March 2024 06:00 PM Mouwasat achieves 10% higher net profits in 2023

Riyadh – Mubasher: Mouwasat Medical Services Company recorded a 9.74% increase in net profit to SAR 657.69 million during 2023 when compared with SAR 599.30 million in 2022. The earnings per share (EPS) stood at SAR 3.29 at the end of December …

Financial Results

26 December 2023 11:34 AM Mouwasat to pay SAR 350m cash dividends for 2023

Riyadh – Mubasher: The board of Mouwasat Medical Services Company recommended cash dividends amounting to SAR 350 million for 2023, according to a bourse disclosure. A dividend of SAR 1.75 per share, equivalent to 17.50% of the share nominal …

Cash Dividends

2 November 2023 04:25 PM Mouwasat sees 14.5% higher net profits in 9M-23

Riyadh – Mubasher: Mouwasat Medical Services Company logged net profits after Zakat and tax valued at SAR 473.52 million in the first nine months (9M) of 2023, up 14.40% from SAR 413.90 million in 9M-22. The earnings per share (EPS) grew to SAR …

Financial Results

9 August 2023 08:51 AM Mouwasat’s profits exceed SAR 317m in H1-23; capital hike approved

Riyadh – Mubasher: The net profits after Zakat and tax of Mouwasat Medical Services Company increased by 8.73% to SAR 317.15 million in the first half (H1) of 2023 from SAR 291.69 million in H1-22. The revenues hit SAR 1.29 billion in January-June …

General Assembly

14 May 2023 11:46 AM Mouwasat generates 11% higher net profit in Q1-23

Riyadh – Mubasher: Mouwasat Medical Services Company achieved an annual increase of 10.92% to SAR 166.61 million in net profit after Zakat and tax during the first quarter (Q1) of 2023, compared with SAR 150.21 million. The earnings per share rose …

Financial Results

22 March 2023 11:13 AM Mouwasat logs SAR 599m profits in 2022

Riyadh – Mubasher: The net profits after Zakat and tax of Mouwasat Medical Services Company reached SAR 599 million in 2022, up 3.63% from SAR 578 million in 2021. Revenues surged by 8.86% year-on-year (YoY) to SAR 2.33 billion as of 31 December …

Financial Results

8 January 2023 08:12 PM Mouwasat unveils key appointments to new board term

Riyadh – Mubasher: Mouwasat Medical Services Company has appointed Mohammad Sultan Al Subaie as the Chairman of the board for the coming three years. The company also named Nassir Sultan Al Subaei as the Vice Chairman for the same period, …

Board of Directors

25 December 2022 11:41 AM Mouwasat eyes 100% capital hike via bonus shares

Riyadh – Mubasher: The board of Mouwasat Medical Services Company proposed to increase the capital by 100% through the issuance of one bonus share for every existing share. Following the raise, the new capital will stand at SAR 2 billion …

Board of Directors

22 December 2022 11:05 PM Mouwasat’s board recommends SAR 300m dividends for 2022

Riyadh – Mubasher: The board of Mouwasat Medical Services Company suggested cash dividends distribution worth SAR 300 million, representing 30% of the capital, for 2022. Under the board’s proposal which was determined on 22 December 2022, the …

Cash Dividends

6 November 2022 02:22 PM Mouwasat posts lower profits at SAR 414m in 9M-22

Riyadh – Mubasher: Mouwasat Medical Services Company registered a 4.01% lower net profit after Zakat and tax at SAR 413.90 million in the first nine months (9M) of 2022, versus SAR 431.19 million in 9M-21. The company’s revenues grew by 5.16% to …

Financial Results

3 October 2022 04:36 PM Mouwasat completes 51% stake acquisition of Jeddah Doctors

Riyadh – Mubasher: Mouwasat Medical Services Company has acquired 51% equity in Jeddah Doctors Company, which owns a hospital under construction at a total value of SAR 102 million. The two entities penned the final share purchase agreement (SPA) …

Mergers and Acquisitions

14 August 2022 06:46 PM Mouwasat’s profits rise 1% in H1-22 initial financials

Riyadh – Mubasher: Mouwasat Medical Services Company logged net profits after Zakat and tax of SAR 291.69 million in the first half (H1) of 2022, an annual growth of 1.09% from SAR 288.54 million. Revenues increased by 6.03% year-on-year (YoY) to …

Financial Results

27 June 2022 07:19 PM Mouwasat to build new hospital at SAR 335m cost

Riyadh – Mubasher: The board of Mouwasat Medical Services Company has approved the establishment of a new hospital in Al Qadisiyya neighbourhood. The total cost of the project, which will be located in Riyadh, is SAR 355 million, according to a …

Companies Investments

26 June 2022 01:52 PM Mouwasat inks SAR 295m contract to build new hospital

Riyadh – Mubasher: Mouwasat Medical Services Company has signed a contract with Tareg Al Jaafari Contracting Company on 23 June to construct Mouwasat Hospital project in Al Sawari neighbourhood. A total of SAR 295 million has been pumped under the …

Companies Investments