Financial Results : Twareat profit drops 66% to SAR 5.5M in H1 2025

Twareat profit drops 66% to SAR 5.5M in H1 2025

27/08/2025 Argaam Exclusive

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Twareat Medical Center (TMC) posted SAR 5.5 million in net profit for the first half of 2025, down 66% from SAR 16.1 million in the year-ago period.



Current Half Annual Comparison (M)

Compared With The
Item H1 2024 H1 2025 Change‬
Revenues 92.23 90.72 (1.6 %)
Gross Income 35.20 26.44 (24.9 %)
Operating Income 16.74 7.01 (58.1 %)
Net Income 16.13 5.53 (65.7 %)
Average Shares 40.00 40.00 -
Earnings Per Share before unusual items (Riyal) 0.40 0.14 (65.7 %)
EPS (Riyal) 0.40 0.14 (65.7 %)

The first-half profit decline was attributed to lower revenues, the expiration of certain medical service contracts, as well as higher financing costs and Zakat provisions.

 

Sequentially, net profit fell by 25.2% from SAR 7.39 million in H2 2024.

 

Shareholders’ equity, no minority interest, amounted to SAR 62.76 million by the end of H1 2025, compared to SAR 60.69 million in H1 2024.

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