Al-Mouwasat’s profits decline to 645.7 million riyals by the end of 2024

Al-Mouwasat Medical Services Company revealed a 1.8% decline in net profit at the end of 2024 to 645.7 million riyals compared to 657.6 million riyals last year. This came after announcing today the annual financial results ending on December 31, 2024.

The operating profit amounted to 724.2 million riyals at the end of 2024 compared to 756.8 million riyals last year, a decrease of 4.3%.

The total equity (after excluding non-controlling interests) in the current year amounted to 3.5 billion riyals compared to 3.2 billion riyals last year, an increase of 8.8%.

The earnings per share in the current year reached 3.23 riyals compared to 3.29 riyals last year.