National Medical Care Co. (Care) reported net profit growth to SAR 165.3 million in H1 2025, compared to SAR 150.8 million in the prior-year period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 595.38 | 783.19 | 31.5 % |
Gross Income | 218.35 | 290.46 | 33.0 % |
Operating Income | 134.23 | 181.23 | 35.0 % |
Net Income | 150.78 | 165.31 | 9.6 % |
Average Shares | 44.85 | 44.85 | - |
Earnings Per Share before unusual items (Riyals) | 2.72 | 3.69 | 35.7 % |
EPS (Riyal) | 3.36 | 3.69 | 9.6 % |
H1 2025 revenue surged 31.5% year-on-year (YoY) reaching SAR 783.2 million, supported by a 40.4% YoY rise in total patients served on the back of strong key client referrals and the successful integration of newly acquired branches.
Cost optimization strategy supported margin expansions at the gross, operating, and EBITDA levels during the six-month period.
Meanwhile, lower net profit margin was recorded due to the one-off SAR 29 million Zakat provision reversal booked in H1 2024.
Care also noted higher general and administrative expenses and leased assets finance costs linked with the addition of Al Salam Hospital.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 296.82 | 397.87 | 34.0 % |
Gross Income | 108.16 | 147.48 | 36.4 % |
Operating Income | 63.18 | 84.68 | 34.0 % |
Net Income | 69.50 | 79.94 | 15.0 % |
Average Shares | 44.85 | 44.85 | - |
Earnings Per Share before unusual items (Riyal) | 1.26 | 1.78 | 41.9 % |
EPS (Riyal) | 1.55 | 1.78 | 15.0 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 385.32 | 397.87 | 3.3 % |
Gross Income | 142.98 | 147.48 | 3.2 % |
Operating Income | 96.55 | 84.68 | (12.3 %) |
Net Income | 85.37 | 79.94 | (6.4 %) |
Average Shares | 44.85 | 44.85 | - |
Earnings Per Share before unusual items (Riyal) | 1.90 | 1.78 | (6.4 %) |
EPS (Riyal) | 1.90 | 1.78 | (6.4 %) |
Q2 2025 net profit rose 15% to SAR 79.9 million from SAR 69.5 million in Q2 2024.
On a sequential basis, net profit fell 6.4% from SAR 85.37 million in Q1 2025.
Shareholders’ equity, no minority interest, reached SAR 1.7 billion by June 30, 2025, compared to SAR 1.5 billion in a year earlier period.
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