Al-Modawat Specialized Medical Co. posted a net profit surge of 361% to SAR 14 million in the first nine months of 2025, compared to SAR 3 million in the prior-year period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 53.95 | 84.62 | 56.9 % |
| Gross Income | 22.46 | 38.00 | 69.2 % |
| Operating Income | 4.15 | 15.47 | 272.6 % |
| Net Income | 3.03 | 13.96 | 361.2 % |
| Average Shares | 71.25 | 71.25 | - |
| Earnings Per Share before unusual items (Riyals) | 0.04 | 0.20 | 361.2 % |
| EPS (Riyal) | 0.04 | 0.20 | 361.2 % |
The nine-month profit was buoyed by launching operations at new expansions and enhancing the quality of services.
Total shareholders’ equity, with no minority interest, rose to SAR 88 million as of Sept. 30, 2025, from SAR 75.05 million a year earlier.
In Q3 2025, Al-Modawat recorded net earnings of SAR 3.7 million, against net losses of SAR 134,400 in Q3 2024, thanks to better service quality.
On the other hand, net earnings declined to SAR 3.7 million this quarter from SAR 4.8 million in Q2 2025. The third-quarter figures were affected by summer holidays.
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