CARE 2Q16 earnings surge 37% Y-o-Y on better contractual terms with GOSI; beat our estimate
Net income – SAR58mn, +37% Y-o-Y, +75% Q-o-Q, +46% vs. EFGe Gross profit – SAR83mn, +28% Y-o-Y, +24% Q-o-Q, +26% vs. EFGe Net operating profit – SAR60mn, +54% Y-o-Y, +71% Q-o-Q, +61% vs. EFGe National Medical Care Co. (CARE) r
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