Latest news with #AlmoosaHealth
Argaam
22-07-2025
- Business
- Argaam
Almoosa Health to announce Q2 2025 results on Aug. 3
Almoosa Health Co. will release its Q2 2025 financial results before the Saudi Exchange (Tadawul) opens for trading on Aug. 3, according to a Tadawul statement. The company will hold an earnings call on Aug. 4 at 3:00 pm Saudi time after the close of the trading session to address investor and analyst questions. The healthcare provider posted a Q1 2025 net profit of SAR 51.1 million, compared to SAR 13.7 million in Q2 2024, according to data available with Argaam. Analysts expect Almoosa Health to report a profit of SAR 45.20 million for Q2 2025.
Zawya
14-07-2025
- Business
- Zawya
Saudi: Almoosa Health inks deal with MASAH Specialized Contracting
Riyadh – Almoosa Health Company signed a contract with MASAH Specialized Contracting Company at a value of SAR 192 million on 10 July, according to a bourse disclosure. The deal covers implementing preliminary construction works, foundation works, and the construction of the concrete structure for Almoosa Specialist Hospital project in Al Hofuf. Excavation and site leveling works have been completed, and the contract execution will commence immediately, per the approved project schedule. Meanwhile, the financial impact of the 14-month agreement is expected to start upon the completion and operation of the hospital. Earlier this month, Almoosa Health commenced the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul). The company offered 30% of its total issued share capital after the Capital Market Authority (CMA) greenlighted its IPO last September. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Arab News
13-07-2025
- Business
- Arab News
Closing Bell: Saudi main index ends lower at 11,253
RIYADH: Saudi Arabia's Tadawul All Share Index slipped on Sunday, shedding 24.01 points, or 0.21 percent, to close at 11,252.90. The total trading turnover on the benchmark index stood at SR4.04 billion ($1.08 billion), with 98 stocks advancing and 148 declining. The Kingdom's parallel market Nomu edged down by 41.88 points to close at 27,437.62, while the MSCI Tadawul Index fell 0.19 percent to 1,442.43. The best-performing stock on the main market was SHL Finance Co., with its share price rising 9.98 percent to SR21.26. Al Sagr Cooperative Insurance Co. followed, gaining 6.47 percent to SR14.80, while Fawaz Abdulaziz Alhokair Co. climbed 5.80 percent to SR33.20. Zamil Industrial Investment Co. recorded the steepest decline of the day, with its share price falling 2.75 percent to SR46.00. On the announcement front, Almoosa Health Co. said it signed an SR192 million contract with MASAH Specialized Construction Co. to carry out preliminary construction and foundation work for the Almoosa Specialist Hospital project in Al-Hofuf. In a press statement, the company said the financial impact of the 14-month contract will be reflected after the completion of the hospital's construction. The company added that there are no related parties involved in the deal. Almoosa Health's share price inched up 0.12 percent to close at SR165.00. Sports Club Co. completed its retail offering ahead of its planned listing on the Kingdom's main market. Saudi Fransi Capital, the lead manager, financial adviser, bookrunner, and underwriter for the IPO, confirmed the development. According to a statement, 259,690 investors participated in the retail subscription period, with a final offer price of SR7.50 per share. Saudi Fransi Capital added that retail orders totaled approximately SR247.7 million, representing an oversubscription rate of 533.6 percent.
Argaam
13-07-2025
- Business
- Argaam
Almoosa awards SAR 192M contract for initial works of Al-Hofuf hospital
Almoosa Health Co. signed, on July 10, a SAR 192 million contract with MASAH Specialized Construction Co. to carry out preliminary construction and foundation work for Almoosa Specialist Hospital project in Al-Hofuf. The contract also includes the construction of the concrete structure, the company said in a statement to Tadawul. The work scope of the 14-month contract includes all tasks outlined in these phases as per the approved designs and technical specifications. Excavation and site leveling works have been completed. The contract's execution will commence immediately in line with the approved project schedule and overall implementation plan. The company plans to finance the project through a strategic funding structure, combining proceeds from its public offering and long-term Shariah-complaint bank financing. The financial impact of the contract is expected to commence upon the completion and operation of the hospital, the statement said. There are no related parties to the deal.
Argaam
25-06-2025
- Business
- Argaam
SMC to debut on TASI today at SAR 25/share
Shares of Specialized Medical Co. (SMC) starts trading on the Main Market (TASI) today, June 25, under the symbol 4019 and ISIN code SA16B0CHUPH2, priced at SAR 25 apiece. The stock will trade in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. From the fourth trading day onwards, the daily price fluctuation limits will revert to ±10%, while the static price fluctuation limits will no longer apply. SMC will be the eighth company to list on TASI this year, following the IPOs of Almoosa Health Co. on Jan. 7th, Nice One Beauty Digital Marketing Co. on Jan. 8th, Derayah Financial on March 10, Arabian Company for Agricultural & Industrial Investments (Entaj) on March 17, Umm Al Qura for Development and Construction Co. (Masar) on March 24, United Carton Industries Co. (UCIC) on May 27, and flynas on June 18. Last year witnessed the listing of 13 companies, in addition to Alistithmar AREIC Diversified REIT Fund. Listing SMC will bring the number of companies listed on Tadawul to 237, excluding the 19 listed real estate investment trusts (REITs).
