Market: Tadawul | Symbol: 4002 | ISIN: SA12C051UH11 | Industry: Health Care Equipment & Svc |
MOUWASAT MEDICAL SERVICES WAS FOUNDED IN 1975
It started as a sole proprietorship with a capital of 100,000 Saudi riyals owned by Mr. Muhammad Sultan Al-Subaie for the purpose of managing and operating medical facilities by establishing the Al-Mouwasat Clinic in the year 1975 AD, and hence the first comprehensive medical facility was established under the name Al-Mouwasat Hospital in Dammam in the year 1984 AD. Which started working in 1988.
The Mouwasat Story
The company's main activity is based on providing medical services to patients through a network of hospitals that it owns %100 or has majority stakes in and rented medical facilities, as well as selling medicines through its pharmacies. The following is a summary of this medical network;
Hospitals |
Opening Dates |
Region |
Infrustructures |
Ownership |
|
Mouwasat Hospital Dammam | 1987 |
Eastern |
200 Beds |
80 Clinics |
100% |
Mouwasat Hospital Jubail Industrial | 2004 |
Eastern |
200 Beds |
80 Clinics |
100% |
Mouwasat Hospital Qatif | 2006 |
Eastern |
120 Beds |
35 Clinics |
51% |
Mouwasat Hospital Riyadh | 2014 |
Central |
200 Beds |
100 Clinics |
100% |
Mouwasat Hospital Khobar | 2018 |
Eastern |
260 Beds |
100 Clinics |
100% |
Mouwasat Hospitals Al Madinah Almunawrah | 2022 |
Western |
220 Beds |
80 Clinics |
100% |
Mouwasat Hospital Yanbu Industrial City | Western |
200 Beds |
60 ICUs |
100% |
|
Mouwasat Hospital Jeddah | Western |
300 Beds |
70 ICUs |
51% |
|
New Mouwasat Hospital Riyadh Al-Qasadiyah |
Central |
120 Beds |
35 ICUs |
100% |
Share data | 21/11/2024 |
Currency | SAR |
Previous Close | 92.40 |
Change (%) | 0.98 |
Volume | 207,464 |
Number of Shares (mln) | 200.00 |
Market Cap (mln) | 18,480.00 |
Financial Highlights, SAR Million | 2021 | 2022 | 2023 |
Consolidated Income Statement | |||
Revenue | 1,866 | 2,014 | 2,313 |
Gross profit | 996 | 1,102 | 1,313 |
Operating profit | 622 | 673 | 757 |
Profit before zakat | 632 | 660 | 727 |
Profit for the year | 610 | 633 | 688 |
Profit for the year attributable to shareholders of the company | 578 | 599 | 658 |
Consolidated Balance Sheet | |||
Total assets | 4,059 | 4,662 | 4,965 |
Total liabilities | 1,357 | 1,585 | 1,538 |
Total equity | 2,702 | 3,076 | 3,427 |
Consolidated Cash Flow | |||
Net cash from operating activities | 683 | 707 | 814 |
Net cash used in investing activities | (446) | (473) | (475) |
Net cash outflow from financing activities | (240) | (247) | (434) |
Cash and cash equivalents end of the year | 157 | 144 | 49 |
Key Indicators | |||
Earnings per share (SR) | 5.78 | 3.00 | 3.29 |
Gross Profit Margin (%) | 53.4 | 54.7 | 56.8 |
Net Debt to Equity Ratio (%) | 50.2 | 51.5 | 44.9 |
Current Ratio | 2.1 | 2.1 | 1.9 |