Mouwasat’s profits for Saudi medical services fell by 11% in the third quarter of 2021 | latest news

Mouwasat’s profits for Saudi medical services fell by 11% in the third quarter of 2021 | latest news
Mouwasat’s profits for Saudi medical services fell by 11% in the third quarter of 2021 | latest news

The profits of the Saudi Mouwasat Medical Services Company declined during the third quarter of this year by more than 11% on an annual basis, recording about 143 million riyals, while the profits of the company during the first nine months of the same year increased by 12% to 431 million riyals.

The company attributed the reasons for the decline in the profits of the third quarter to a decrease in revenues as a result of the rise in some items of costs and operating and general expenses and the increase in the Zakat item to match the zakat base for the year 2021.

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Mouwasats profits Saudi medical services fell quarter latest news

 
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