Mouwasat’s Riyadh hospital to contribute 13% of company revenue

19/04/2015 Argaam
Mouwasat Hospital in Riyadh is expected to contribute about 13 percent of the revenues generated by Mouwasat Medical Services Company in 2015, Mohammed bin Suliman, managing director, said in an interview with CNBC Arabiya television. 
 
Operating losses in the new hospital will gradually decrease, he added.
 

Profit at medical service operator company declined ​three percent to SAR 55.9 million in the first quarter, compared to the same period last year, according to Argaam. 

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