Almoosa’s Q4 Profits Soar 167% to SAR 54 Million

Almoosa Health Co. announced on Wednesday that its net profit increased by 167% to SAR 54 million during the fourth quarter, compared to SAR 20 million in the same quarter last year, following the announcement today of the consolidated annual financial results for the duration ending Dec. 31, 2024 (12 months).

Operational profit increased by 140% to SAR 78 million in the fourth quarter, compared to SAR 33 million in the same quarter of the previous year.

Net profit during the 12-month duration decreased by 4% to SAR 94 million, compared to SAR 98 million in the same duration last year.

Profits per share in the current duration amounted to SAR 2.7, compared to SAR 2.8 in the same duration last year.

The Company stated in a statement today on “Tadawul” that revenues for the fourth quarter of 2024 recorded a growth of 21.7% year-on-year to reach SAR 332.1 million, driven by an increase in the number of visits to outpatient clinics and inpatients at Almoosa Specialist Hospital and the enhancement of specialised services.