Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) logged net profits amounting to SAR 45.18 million for the second quarter (Q2) of 2026, an annual growth of 24.25% from SAR 36.36 million during the same period last year.
The healthcare provider’s quarterly revenue rose by 5.66% to SAR 401.33 million, supported by a 10.90% increase in outpatient visits and the continued ramp-up of new clinics opened during 2025.
Operational efficiency gains and lower financing costs helped expand the net profit margin to 11.30%, versus 9.60% a year earlier. Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter reached SAR 82.8M, reflecting a margin of 20.60%.
For the first half (H1) of 2026, the net profits jumped by 17.77% to SAR 77.73 million from SAR 66 million recorded in the first six months of 2025.
Total revenue for the half-year period grew by 4.52% to SAR 782 million. The company noted that earnings growth outpaced revenue gains due to disciplined expense management and a higher contribution from acute care services.
Earnings per share (EPS) for the half-year period rose to SAR 0.31 from SAR 0.26.
On 3 June, SMC Healthcare distributed SAR 80 million in dividends for the 2025 fiscal year.
