Market: Qatar Stock Exchange
Symbol: MCGS
ISIN: QA0006929754

Initially conceptualized by ten Qatari businessmen in1989, Al-Ahli Hospital was sketched as a 100-bed profit-based hospital to specialize in Pediatrics, Obstetrics and Gynecology. After a year of project envisage, this motivated private group of shareholders approached his highness the Emir Sheikh khalifa Bin Hamad Al-Thani for his assistance; and in 1990 several hectares of land located in Ahmed Bin Ali street (its present location) was awarded to them by the government of Qatar conditional to building a new healthcare facility.

On the 17th of December 1995, an official Emir Decree was issued from the office of his highness the Emir Sheikh Hamad Bin Khalifa Al-Thani announcing Al-Ahli Hospital Company (now called Medicare group Q.S.C) as a public shareholding company.

 

Currency QAR
Last Closing Price 6.72
Change (%) 3.16
Volume 507,718
Number of Shares (mln) 281
Market Cap (mln) 1,892
Key Figures (QR) 2017 2018 2019
Operating income
470,620,799
484,211,495
490,678,494
Gross profit
202,353,583
199,059,093
196,277,701
Profit for the year
80,001,947
84,511,321
78,198,774
Total assets
1,183,634,326
1,204,849,367
1,294,822,665
Total liabilities
181,885,031
186,865,482
273,752,524
Total equity
1,001,749,295
1,017,983,885
1,021,070,141
Net cash flows from operating activities
186,927,707
139,613,111
122,991,523
Net cash flows used in investing activities
(64,734,748)
(24,801,654)
(47,673,304)
Net cash flows used in financing activities
(101,941,210)
(113,226,425)
(88,636,949)
Basic and diluted earnings per share, QR
2.84
3.00
2.80