{"id":848104,"date":"2025-05-13T21:13:53","date_gmt":"2025-05-14T02:13:53","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/13\/a-look-at-twareats-2024-revenue\/"},"modified":"2025-05-13T21:13:53","modified_gmt":"2025-05-14T02:13:53","slug":"a-look-at-twareats-2024-revenue","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/13\/a-look-at-twareats-2024-revenue\/","title":{"rendered":"\u200eA look at Twareat\u2019s 2024 revenue"},"content":{"rendered":"
\n

\"A<\/p>\n

Logo of\u00a0Twareat Medical Co.<\/p>\n

\n

Twareat Medical Center (TMC Health<\/a>) said it generated a total revenue of SAR 191.81 million in 2024 from medical services, products and leasing.<\/p>\n

In its investor presentation for 2024, Twareat <\/strong>said that revenue from medical services grew by 19% year-on-year (YoY) to SAR 167.21 million.<\/p>\n

For more news on listed companies<\/a><\/strong><\/p>\n

Product and leasing revenues reached SAR 17.11 million and SAR 7.50 million, respectively.<\/p>\n\n\n\n\n\n\n\n\n
\n

Twareat Revenue by Source for 2024 (SAR mln)<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Source<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

2023<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

2024<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

Change<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Medical Services<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

140.62<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

167.21<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

+19%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Products<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

10.56<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

17.11<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

+62%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Leasing<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

3.54<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

7.50<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

+112%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Total<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

154.72<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

191.81<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

+24%<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Revenue from medical services and products made up 87% and 9%, respectively, of the company\u2019s total topline in 2024.<\/p>\n\n\n\n\n\n\n\n
\n

Twareat Revenue by Source for 2024 <\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Source<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

Percentage of Total<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Medical Services<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

87%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Products<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

9%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Leasing<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

4%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The company generated SAR 126.47 million in revenue from remote areas, SAR 45.42 million from medical support services and SAR 19.93 million from the medical operation segment.<\/p>\n\n\n\n\n\n\n\n\n
\n

Twareat Revenue by Segment in 2024 (SAR mln)<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Source<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

2023<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

2024<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

Change<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Remote Areas<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

97.01<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

126.47<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

+30%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Medical Support Services<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

39.95<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

45.42<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

+14%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Medical Operation<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

17.77<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

19.93<\/span><\/span><\/span><\/span><\/p>\n<\/td>\n

\n

+12%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Total<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

154.72<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

191.81<\/span><\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

+24%<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The revenue from the remote areas accounted for 66% of the total topline in 2024, compared to 24% for medical support services.<\/p>\n\n\n\n\n\n\n\n
\n

Revenue Percentage from Key Segments in 2024<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Source<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

Percentage <\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Remote Areas<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

66%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Medical Support Services<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

24%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Medical Operation<\/span><\/span><\/span><\/strong><\/p>\n<\/td>\n

\n

10%<\/span><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Twareat\u2019s 2024 net earnings soared 66% to SAR 23.5 million from SAR 14.2 million in 2023. The second-half bottom line stood at SAR 7.4 million, according to data available with Argaam<\/strong><\/span>.<\/p>\n

\u00a0Investor Presentation – Twareat 13\/3\/2025<\/a><\/strong><\/p>\n<\/p><\/div>\n

Christeen Grisby
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Logo of\u00a0Twareat Medical Co. Twareat Medical Center (TMC Health) said it generated a total revenue of SAR 191.81 million in 2024 from medical services, products and leasing. In its investor presentation for 2024, Twareat said that revenue from medical services grew by 19% year-on-year (YoY) to SAR 167.21 million. For more news on listed companies<\/p>\n","protected":false},"author":1,"featured_media":848105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27550,143902],"tags":[8145,143901],"class_list":{"0":"post-848104","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-revenue","8":"category-twareats","9":"tag-revenue","10":"tag-twareats"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/848104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=848104"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/848104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/848105"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=848104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=848104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=848104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}