Mouwasat concludes trial operations at Al Khobar hospital
Mouwasat Medical Services Company’s [4002.SE] announced the conclusion of trial operations and equipment testing at its hospital in Al Khobar, which started on 21 May 2018. The company is yet to announce the start of commercial operations at the hospital and its effect on the company’s financials as it awaits necessary approvals from the Ministry of Health.
Mouwasat Medical Services: SAR95.50 as of 16 Jul. 2018, Rating: Buy, TP: SAR120.00/share, MCap: USD2,547mn, MOUWASAT AB/4002.SE
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