Almoosa Health records 54% lower profits in H1-26

Riyadh - Mubasher: Almoosa Health Company recorded SAR 62.10 million in net profit during the first half (H1) of 2026, an annual plunge of 54.06% from SAR 135.20 million.

The company’s revenues soared by 12.20% year-on-year (YoY) to SAR 753.90 million as of 30 June 2026 from SAR 671.90 million. Meanwhile, the earnings per share (EPS) fell to SAR 1.40 from SAR 3.07.

In the second quarter (Q2) of 2026, Almoosa Health logged 43.38% lower net profits at SAR 38.50 million, compared to SAR 68 million in Q2-25.

The revenues jumped by 16.21% to SAR 405.60 million in three-month period that ended on 30 June 2026 from SAR 349 million a year earlier.

On a quarterly basis, the Q2-26 profits increased by 63.82% from SAR 23.50 million in Q1-26, while the revenues climbed by 16.45% from SAR 348.30 million.

Last July, the company entered into a Sharia-compliant credit facility agreement totaling SAR 500 million with Banque Saudi Fransi to finance previously disclosed capital projects and strategic expansion plans.

Mubasher Contribution Time: 10-Aug-2026 11:08 (GMT)
Mubasher Last Update Time: 10-Aug-2026 11:08 (GMT)