Al -Mouwasat’s profits increased to 197 million riyals in the first quarter of 2025

The net profits of Al -Mawasa Medical Services Company increased during the first quarter of this year to 197 million riyals, compared to 172 million riyals in the same quarter in 2024, which represents a rise in the net profit by 14.8%.
Al -Mouwasat quoted through a statement of “Tadawul Saudi Arabia” today, Sunday, the growth of net profit during the current quarter to the increase in revenues in medical services and other revenues, and the decrease in the formations of losing the decrease in value from the city’s receivables, compared to the similar quarter of 2024.
She also pointed to the low financing costs, due to the decrease in the loan balance of the value of the paid installments, and the decrease in the item of Zakat expenses during the current quarter, to suit the estimated zakat bowl for 2025.