Lana Medical Co.
9587.SR
Saudi Exchange2.66
SAR
+0.02
- -
Lana Medical Co.
9587.SR
(Saudi Exchange)
Recent
price
2.66
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Lana Medical Company engages in the manufacture and supply of medical devices and equipment primarily for private and government healthcare sectors in the Kingdom of Saudi Arabia. Its core products and services include medical consumables and supplies; medical waste management services; medical equipment maintenance; and infection control services. The company’s product portfolio covers a broad range of medical devices and plastic medical supplies, supported by its factory operations and recent expansion efforts in medical-grade plastic products. Founded in 2010 and headquartered in Riyadh, Saudi Arabia, Lana Medical has established a footprint in healthcare equipment manufacturing and services. Recent major developments include a strategic expansion of its plastic medical supplies factory to double production capacity and broaden product offerings, alongside the acquisition of Kian Plastic Factory, repositioning the latter for producing medical and non-medical plastic products. In addition, the company secured a SAR 5.6 million project contract with the Saudi Red Crescent and implemented a stock split reducing the par value of shares from SAR 10 to SAR 1, enhancing liquidity. Lana Medical’s efforts reflect an ongoing growth strategy focusing on strengthening its market position in medical equipment and healthcare services within Saudi Arabia, leveraging manufacturing capability expansions and key public sector partnerships.