Mouwasat Medical Services Co. 2023 Annual Results
Mouwasat Medical Services Co. (4002) reported full year 2023 revenue of SAR 2.71B, up 119.0% from SAR 1.24B in 2022. Net profit came in at SAR 658M, up 9.7% year on year. Earnings per share were SAR 3.29. The company generated SAR 814M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.
Earnings Quality
Of every SAR 1.00 in reported net profit, SAR 1.24 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.24.
Year on Year Comparison
Revenue increased by 119.0% compared to 2022. Net profit increased by 9.7%. Both revenue and profit grew — indicating expanding business.
Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2024-03-25.