Riyadh – Mubasher: Dallah Healthcare Company announced its preliminary financial results for the first half (H1) of 2026, reporting a net profit of SAR 184.53 million.
This represents a 34.05% decrease compared to the SAR 279.82 million recorded during the same period in 2025.
Likewise, the earnings per share (EPS) fell to SAR 1.83 in H1-26 from SAR 2.82 in the prior-year period.
The company’s revenues for the first six months rose by 11.92% to SAR 2.12 billion, driven by an increase in patient visits across its hospital network.
However, net profit was impacted by several non-recurring items, including SAR 15.30 million in operating costs for the Mona Emergency Hospital during the Hajj season.
Comparison with the previous year was also affected by SAR 51.40 million in gains from a real estate fund and a SAR 12.50 million Zakat reversal recorded in 2025.
For the second quarter (Q2) of 2026, net profit reached SAR 100.01 million, a 19.52% decline from the SAR 124.26 million reported in Q2-25. Quarterly revenue grew by 4.28% to SAR 1.11 billion.
Dallah Healthcare noted that financing costs rose due to acquisition activities, but it plans to use SAR 466.70 million in proceeds from the sale of its stake in Dr. Mohammed Rashid Al Fagih Hospital to reduce existing debt.
