Mowasat’s profits increased by 27.3% to 822 million riyals in 2025
The profits of Al-Mouwasat Medical Services Company increased in 2025 by 27.3% to 822 million riyals, compared to 645.7 million riyals in 2024.
According to the company’s statement on the website "Saudi Arabia trading"Net profit increased, which led to an increase in earnings per share to reach 4.11 riyals per share compared to 2024, when earnings per share reached 3.23 riyals. This increase is due to:
1- The growth in the company’s revenues, especially the revenues from sleeping in the internal departments.
2- The decrease in the formation of impairment loss provisions from receivables, in addition to the collection of a large portion of previous years’ balances during the current year.
3- The decrease in the financing cost due to the decrease in the balance of loans in the value of the installments paid during the year.
4- The ability to absorb the costs of pre-operating a hospital. Yanbu, which was opened at the beginning of February 2026, these costs had an impact on the gross profit margin for the year 2025, as it reached 42.25% compared to 42.95% for the year 2024.
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