31/10/2017 Argaam Exclusive
AI Summary
The aggregate net profit of Tadawul-listed healthcare firms – which reached SAR 264.2 million for Q3 2017 – topped average analysts’ forecasts of SAR 250.8 million by 5.3 percent, according to data compiled by Argaam.
Al Hammadi Company for Development and Investment reported the biggest profit miss of 15 percent. Also, the results of the Saudi German Hospital (SGH) came in 13 percent lower than street estimates.
| Company | 2017 - Q3 (net income) | 2017 - Q3 (e) | Change |
| MOUWASAT | 76.73 | 69.73 | 10.0 % |
| ALHAMMADI | 23.59 | 27.56 | (14.4 %) |
| CARE | 27.00 | 21.14 | 27.7 % |
| DALLAH HEALTH | 76.82 | 63.51 | 21.0 % |
| SAUDI GERMAN HEALTH | 64.88 | 68.90 | (5.8 %) |
| Total | 269.01 | 250.84 | 7.2 % |
Data included estimates from Al Rajhi Capital, Osool & Bakheet Investment Group, and Albilad Capital.
| Company | 2017 - Q3 (net income) | 2017 - Q3 (e) | Most Accurate Research Company |
| MOUWASAT | 76.73 | 74.00 | Arbah Capital |
| ALHAMMADI | 23.59 | 26.10 | OSOOL AND BAKHEET |
| CARE | 27.00 | 23.60 | OSOOL AND BAKHEET |
| DALLAH HEALTH | 76.82 | 68.00 | Albilad Capital |
| SAUDI GERMAN HEALTH | 64.88 | 66.31 | Alistithmar Capital |
| TASI | 10,440.34 | (57.70) | (0.55 %) |
| DALLAH HEALTH | 121.90 | (3.10) | (2.48%) |
| MOUWASAT | 71.90 | (0.50) | (0.69%) |
| CARE | 162.60 | (5.30) | (3.16%) |
| ALHAMMADI | 32.08 | (0.26) | (0.80%) |
| SAUDI GERMAN HEALTH | 53.75 | (2.20) | (3.93%) |
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