Mouwasat starts commercial operations at new Jubail hospital expansion
Mouwasat Medical Services Company (4002.SE) has received the Ministry of Health’s approval for commencing operations at the company’s newly-added capacity from the Jubail Hospital expansion project, and accordingly commenced operations as of 24 May 2016, after it had finalised testing the construction and medical systems and sourced the medical and administrative staff needed. The expansion increases Mouwasat’s current capacity by 13%, while the added capacity is expected to grow Mouwasat’s revenue by 4% for the remaining period in 2016. (Company Disclosure) Mouwasat Medical Services: SAR132.21 as of 23 May 2016, Rating: Buy, FV: SAR135.00 per share, MCap: USD1,763 million, MOUWASAT AB / 4002.SE
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.