Riyadh - Mubasher: Canadian Medical Center Company generated an annual leap of 320.53% in net profit for the second quarter (Q2) of 2026, reaching SAR 3.50 million compared to SAR 830,000.
The company attributed the growth to a 19.86% increase in quarterly revenue, which rose to SAR 38.66 million, and a significant reduction in investment portfolio losses from SAR 1.96 million to SAR 250,000.
Operating profit for the quarter climbed by 30.32% to SAR 4.57 million, supported by the company’s expansion strategy, including the launch of new projects and entry into new strategic sectors.
Despite the strong quarterly performance, the six-month net profit for the period that ended on 30 June 2026, declined by 21.04% to SAR 6.54 million, versus SAR 8.28 million in the first half (H1) of 2025.
The half-year decline was primarily linked to market volatility and geopolitical events affecting the investment portfolio earlier in the period.
Earnings per share (EPS) hit SAR 0.08 in H1-26, compared to SAR 0.11 in the previous year.
Total shareholders' equity was reported at SAR 94.78 million at the end of June 2026.
