Medicare Group Net Profit Rises to QR33.24 Million in First Half of 2018

August 07, 2018

Medicare Group’s net profit amounted to QR33.24 million, compared to QR32.58 million for the same period last year, while its earnings per share reached QR1.18, versus QR1.16 per share for the corresponding period of 2017.

The Group’s Comments:

Medicare’s gross profit stood at QR99.7 million for the first half of 2018, while other revenues fell marginally to QR5.4 million. On the other hand, expenses of all types stabilized with a slight decrease to QR87 million. As a result, the net profit increased marginally to QR33.25 million.