National Medical Care Co (4005)

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News

24 June 2024 03:24 PM NMC to acquire Al Salam Health Medical Hospital

Riyadh – Mubasher: National Medical Care Company (NMC) penned a SAR 44 million deal with Saudi Medical Care Group to acquire the entire share capital of Al Salam Health Medical Hospital. The two entities inked the purchase agreement on 23 June …

Mergers and Acquisitions

22 April 2024 03:27 PM NMC wins SAR 381m contract for medical services

Riyadh – Mubasher: National Medical Care Company (NMC) has won a SAR 380.92 million contract with Prince Sultan Military Medical City. Under the agreement, NMC will provide services to long-term care patients, according to a bourse filing. The …

Companies Investments

22 April 2024 10:54 AM NMC’s board proposes SAR 90m dividends for 2023

Riyadh – Mubasher: The board of directors of National Medical Care Company (NMC) has recommended the distribution of SAR 89.70 million in cash dividends for 2023. The proposed dividends amount to SAR 2 per share to be paid to 44.85 million …

Cash Dividends

22 February 2024 10:36 AM NMC pens SAR 132m purchase deal

Riyadh – Mubasher: National Medical Care Company (NMC) purchased land in Jeddah at a total value of SAR 131.79 million, according to a bourse disclosure. Located in the Alsawari district, the plot land is bound by roads on every side, including …

Companies Investments

7 November 2023 05:27 PM NMC’s net profits surge 55% in 9M-23

Riyadh – Mubasher: The net profits after Zakat and tax of National Medical Care Company (NMC) rose by 54.80% to SAR 177.44 million in the first nine months (9M) of 2023, compared to SAR 114.63 million in the same period of 2022. The revenues also …

Financial Results

17 October 2023 11:56 AM NMC secures SAR 500m financing from Riyad Bank

Riyadh – Mubasher: National Medical Care Company (NMC) secured two loans at a combined value of SAR 500 million from Riyad Bank on 16 October 2023, according to a bourse filing. The Saudi firm highlighted that the facility deal includes a SAR 200 …

Companies Investments

11 September 2023 01:05 PM NMC unveils share purchase deal, obtains SAR 350m loan

Riyadh – Mubasher: National Medical Care Company (NMC) signed a share purchase agreement with Saudi Medical Care Group to fully acquire Chronic Care Specialized Medical Hospital Company at a value of SAR 193.21 million. NMC highlighted that the …

Banking and Finance

11 June 2023 00:47 PM NMC concludes acquisition of Jiwar Medical Services

Riyadh – Mubasher: National Medical Care Company (NMC) completed the procedure to acquire the share capital of Jiwar Medical Services Company on 7 June, according to a bourse filing. The listed firm fully acquired Jiwar Medical Services after …

Mergers and Acquisitions

23 January 2023 01:43 PM NMC to fully acquire Jiwar Medical Services for SAR 65m

Riyadh – Mubasher: National Medical Care Company (NMC) inked a share purchase agreement on 22 January 2023 to acquire the entire share capital of Jiwar Medical Services Company for SAR 65 million. NMC indicated that Smartmed Investment Company is …

Mergers and Acquisitions

18 May 2022 02:42 PM NMC's shareholders nod to 10% dividends for 2021

Riyadh – Mubasher: The extraordinary general meeting (EGM) of the National Medical Care Company (NMC) has approved a cash dividend distribution, equivalent to 10% of the company's capital, for 2021. The cash dividend payout stands at SAR 1 per …

General Assembly

19 April 2022 05:01 PM NMC signs SAR 42m deal to renovate Riyadh Care Hospital

Riyadh – Mubasher: National Medical Care Company (NMC) has inked a contract to renew Riyadh Care Hospital at a value of SAR 42 million. The project, which will be carried out in several phases, comes in line with the Saudi listed company's …

Companies Investments

2 November 2021 04:35 PM NMC registers SAR 100m net profits in nine months

Riyadh – Mubasher: National Medical Care Company (NMC) announced a net profit after Zakat and tax worth SAR 99.64 million during the first nine months of 2021, increasing by 32% from SAR 75.26 million in the same period last year. Earnings per …

Financial Results

11 August 2021 10:41 AM NMC’s net profits rise to SAR 66.5m in H1-21

Riyadh – Mubasher: National Medical Care Company (NMC) achieved a 12.7% increase in net profits after Zakat and tax to SAR 66.46 million in the first half (H1) of 2021 from SAR 58.94 million in H1-20. Earnings per share stood at SAR 1.48 in the …

Financial Results

30 May 2021 10:15 AM NMC’s shareholders nod to SAR 45m dividends for 2020

Riyadh – Mubasher: The shareholders of National Medical Care Company (NMC) gave the green light for distributing SAR 1 per share as a cash dividend to the entitled shareholders for 2020. The company will pay a total amount of SAR 44.85 million, …

Cash Dividends

19 May 2021 10:56 AM NMC logs higher profit of SAR 36m in Q1

Riyadh – Mubasher: National Medical Care Company (NMC) registered a 7.7% increase in net profit after Zakat and tax to SAR 35.73 million during the first quarter (Q1) of 2021, compared with SAR 33.16 million in the same period in 2020. Earnings …

Financial Results

22 March 2021 10:21 AM NMC reports 21% higher profits in 2020

Riyadh – Mubasher: The net profits after Zakat and tax of the National Medical Care Company (NMC) jumped by 21.45% to SAR 97.269 million in 2020 from SAR 80.09 million in 2019. Higher profits are attributed to lower cost of sale expenses relative …

Financial Results

11 March 2021 11:05 AM NMC partners with Tabrak Najed to develop Riyadh Care Hospital

Riyadh – Mubasher: The National Medical Care Company (NMC) has signed a contract with Tabrak Najed Contracting Co. to develop Riyadh Care Hospital. The 18-month deal is valued at SAR 32.39 million, according to a bourse disclosure on Thursday. The …

Companies Investments

3 January 2021 11:44 AM NMC renews medical services deal with GOSI for 3 months

Riyadh – Mubasher: The National Medical Care Company (NMC) received a notice of extension of its contract with the General Organization for Social Insurance (GOSI) to provide medical services to social insurance system’s subscribers for 90 days in …

Companies Investments

11 November 2020 11:31 AM Profits of Saudi healthcare companies up 54% in Q3

Riyadh – Mubasher: Combined profits of Tadawul-listed healthcare companies increased by 54.3% on a year-on-year (YoY) basis during the third quarter (Q3) of the year. The companies’ profits hit SAR 620.3 million in the quarter ended on 30 …

Financial Results

4 November 2020 10:19 AM NMC quarterly profits down 2%

Riyadh – Mubasher: The net profits of the National Medical Care Company (NMC) went down by 1.9% year-on-year (YoY) in the third quarter (Q3) of 2020 to SAR 16.32 million. The drop in quarterly earnings was due to a lower rental and investment …

Financial Results

12 August 2020 10:23 AM NMC Q2 profit surges 86%

Riyadh – Mubasher: The National Medical Care Company (NMC) saw an 86.59% hike in net profits during the second quarter (Q2) of 2020 to SAR 25.78 million, compared with SAR 13.82 million in the corresponding period in the previous year. Revenues …

Financial Results

5 May 2020 10:10 AM National Medical Care posts 10% higher profit in Q1-20

Riyadh – Mubasher: National Medical Care Company (NMC) logged a net profit after Zakat and tax of SAR 33.16 million over the first quarter (Q1) ended on 31 March 2020, 10.5% more than the SAR 29.9 million profits of the same period a year ago. …

Financial Results

23 February 2020 11:51 AM NMC records SAR 80m profit in 2019

Riyadh – Mubasher: National Medical Care Company (NMC) achieved a surge of 28.79% in net profit after Zakat and tax to SAR 80 million during fiscal year 2019 when compared to SAR 62.18 million in the previous year. NMC’s earnings per share (EPS) …

Financial Results

26 January 2020 10:54 AM NMC’s board proposes SAR 89.7m dividends for 2019

Riyadh – Mubasher: The board of National Medical Care Company (NMC) recommended a cash dividend distribution of SAR 2 per share for the fiscal year ended 31 December 2019. Total dividends will amount to SAR 89.7 million and will be distributed on …

General Assembly

19 January 2020 04:29 PM NMC awarded SAR 279m government contract

Riyadh – Mubasher: National Medical Care Company (NMC) announced that the Ministry of National Guard has awarded the company a contract for the provision of medical services for their long term care patients. The contract was awarded to NMC …

Companies Investments