RIYADH: Al-Dawaa Medical Services Co. reported a 10 percent increase in profits during the first quarter, driven by its revenue growth. Profit of the pharma chain operator jumped to SR87 million ($23 million) in the first quarter from SR79 million reported in the same period last year, it said in a bourse filling The rise in profit was driven by a 7 percent increase in revenue which climbed to SR1.29 billion in comparison to the same period of the prior year. Al-Dawaa attributed the rise in revenue to a more than 22-percent increase in insurance companies’ sales and its ‘Wasfaty’ program — an e-service allowing patients to obtain medications from the nearest pharmacy.