NMC registers SAR 100m net profits in nine months

Riyadh – Mubasher: National Medical Care Company (NMC) announced a net profit after Zakat and tax worth SAR 99.64 million during the first nine months of 2021, increasing by 32% from SAR 75.26 million in the same period last year.

Earnings per share rose to SAR 2.22 at the end of September 2021 from SAR 1.68 a year earlier, according to the initial financial results on Tuesday.

Revenues grew by 5.9% year-on-year (YoY) to SAR 629.79 million in January-September 2021 from SAR 594.35 million.

In the third quarter (Q3) of 2021, NMC posted a jump of 103% YoY in net profits to SAR 33.17 million from SAR 16.32 million, and an increase of 7.9% from SAR 30.73 million in Q2-21.

The revenues inched down 0.09% to SAR 213.11 million in Q3-21 from SAR 213.3 million.

Mubasher Contribution Time: 02-Nov-2021 13:35 (GMT)
Mubasher Last Update Time: 02-Nov-2021 13:35 (GMT)