Logo ofTwareat Medical Co.
Twareat Medical Center’s (TMC Health) said that it delivered 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
Product and leasing revenue reached SAR 17.11 million and SAR 7.50 million, respectively.
Twareat Revenue by Source for 2024 (SAR mln)
Source
2023
2024
Change
Medical Services
140.62
167.21
+19%
Products
10.56
17.11
+62%
Leasing
3.54
7.50
+112%
Total
154.72
191.81
+24%
Revenue from medical services and products made up 87% and 9%, respectively, of the company’s total topline in 2024.
Twareat Revenue by Source for 2024
Source
Percentage of Total
Medical Services
87%
Products
9%
Leasing
4%
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.
Twareat Revenue by Segment in 2024 (SAR mln)
Source
2023
2024
Change
Remote Areas
97.01
126.47
+30%
Medical Support Services
39.95
45.42
+14%
Medical Operation
17.77
19.93
+12%
Total
154.72
191.81
+24%
The remote areas revenue accounted for 66% of the total topline in 2024, compared to 24% for medical support services.
Revenue Percentage from Key Segments in 2024
Source
Percentage
Remote Areas
66%
Medical Support Services
24%
Medical Operation
10%
Twareat’s 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.
Investor Presentation – Twareat 13/3/2025
Logo ofTwareat Medical Co.
Twareat Medical Center’s (TMC Health) said that it delivered 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
Product and leasing revenue reached SAR 17.11 million and SAR 7.50 million, respectively.
Twareat Revenue by Source for 2024 (SAR mln)
Source
2023
2024
Change
Medical Services
140.62
167.21
+19%
Products
10.56
17.11
+62%
Leasing
3.54
7.50
+112%
Total
154.72
191.81
+24%
Revenue from medical services and products made up 87% and 9%, respectively, of the company’s total topline in 2024.
Twareat Revenue by Source for 2024
Source
Percentage of Total
Medical Services
87%
Products
9%
Leasing
4%
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.
Twareat Revenue by Segment in 2024 (SAR mln)
Source
2023
2024
Change
Remote Areas
97.01
126.47
+30%
Medical Support Services
39.95
45.42
+14%
Medical Operation
17.77
19.93
+12%
Total
154.72
191.81
+24%
The remote areas revenue accounted for 66% of the total topline in 2024, compared to 24% for medical support services.
Revenue Percentage from Key Segments in 2024
Source
Percentage
Remote Areas
66%
Medical Support Services
24%
Medical Operation
10%
Twareat’s 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.
