Riyadh – Mubasher: The net profits attributable to the shareholders of Scientific & Medical Equipment House Company hit SAR 19.20 million in the first half (H1) of 2026, an annual drop of 4.47% from SAR 20.10 million.
Sales fell by 18.26% year-on-year (YoY) to SAR 404 million at the end of June 2026 from SAR 494.30 million, while the earnings per share (EPS) fell to SAR 0.64 from SAR 0.67.
In the second quarter (Q2) of 2026, the Saudi company posted 12.09% YoY lower net profits at SAR 10.90 million, compared to SAR 12.40 million.
The revenues declined by 22.09% to SAR 211.90 million in April-June 2026 from SAR 272 million a year earlier.
On a quarterly basis, the Q2-26 profits hiked by 31.32% from SAR 8.30 million in Q1-26, while the revenues jumped by 10.30% from SAR 192.10 million.
On 1 August, the company appointed its board leadership and the formation of several internal committees.
