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Saudi Arabia .. A thousand mm shares J rises to its highest price since the inclusion

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The share of “Alf) company J for equipment and medical devices listed in the parallel Saudi stock market” growth “by 1.86% during the Saudi Stock Exchange transactions today, Wednesday, to trade at the price of 131.40 riyals per share, to achieve its highest price since its inclusion.

And traded on 3.1 thousand shares of the shares of a thousand Mm J, for equipment and medical devices at that time, with a value of trading 406.96 thousand riyals.

The highest price for the share at that time was at 131.40 riyals per share, while the lowest price per share was at 130.60 riyals per share.

In a separate context, a thousand MM company J for medical equipment and devices increased in net profits by 19.8% during the first half of 2024 compared to the same period last year.

According to the financial data published by the company today, Thursday, on the “Tadawul” website, the net profit after zakat and tax amounted to 26.6 million riyals, compared to 22.2 million riyals in the same period last year.

The company attributed this growth in net profits to increasing sales of supplies and medical devices by 13.48 million riyals. This rise is due to the company’s ability to acquire a larger market share, which reflects a strong sales growth, which was driven by increasing demand in the market and implementing effective sales strategies, which included the acquisition of new customers and enhancing relationships with existing customers by introducing new products.

A thousand Mm J. J. for medical equipment and devices (known as: A thousand Mm J) is a public company listed in the Saudi financial market “the parallel market” (growth) since January 2022.

The company operates in the health care services and supplies sector, with a special focus on sanitary supplies and tools. The company’s headquarters is located in Jeddah, Saudi Arabia, and was established in January 2005.

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