Financial Results : Al-Modawat profit soars 419% to SAR 5.5M in Q1 2025

Al-Modawat profit soars 419% to SAR 5.5M in Q1 2025

27/05/2025 Argaam Exclusive

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Al-Modawat Specialized Medical Co.’s net profit surged by 419% to SAR 5.5 million in Q1 2025 from SAR 1.1 million a year earlier.



Financials (M)

Item 3m 2024 3m 2025 Change‬
Revenues 18.56 28.68 54.5 %
Gross Income 8.55 13.58 58.9 %
Operating Income 1.42 5.89 315.5 %
Net Income 1.06 5.53 419.4 %
Average Shares 23.75 23.75 -
Earnings Per Share before unusual items (Riyals) 0.04 0.23 419.4 %
EPS (Riyal) 0.04 0.23 419.4 %

The company cited a 54.5% leap year-on-year (YoY) in revenues, driven by expansions, enhancement of service quality, and higher number of patients.

 

Total shareholders’ equity, no minority interest, reached SAR 82.65 million by the end of the current period.

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