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Riyadh – Mubasher: National Medical Care Company announced on Tuesday that it has renewed its contract with the General Organization for Social Insurance (GOSI) for another year.
Under the contract, National Care provides medical services for subscribers of the social insurance system in Riyadh.
The financial impact of the renewal is expected to increase revenues from the contract by at least 20%, according to a bourse filing.
The company said that it earned an average revenue of SAR 206 million in the past three years from the contract; representing about 25% of its total revenues.