NMC wins SAR 381m contract for medical services

Riyadh – Mubasher: National Medical Care Company (NMC) has won a SAR 380.92 million contract with Prince Sultan Military Medical City.

Under the agreement, NMC will provide services to long-term care patients, according to a bourse filing.

The contract, which commenced on 21 April 2024, spans three years.

It's worth noting that NMC's board proposed the distribution of SAR 89.70 million in cash dividends for 2023.

The company’s net profit surged by 41.66% year-on-year (YoY) to SAR 241 million in 2023 from SAR 170.07 million.

Mubasher Contribution Time: 22-Apr-2024 12:27 (GMT)
Mubasher Last Update Time: 22-Apr-2024 12:27 (GMT)