Care cuts receivables by 47% in January

31/01/2018 Argaam

 

National Medical Care Co. said on Wednesday in a bourse statement that its accounts receivables dropped 47.44 percent to SAR 313.53 million in January 2018, compared to SAR 596.58 million at the end of December 2017.

 

The company on Jan. 30 collected SAR 210.3 million in receivables from a major client, along with other receivables totaling SAR 72.7 million in the same month, the statement added. 

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