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Al-Modawat Specialized Medical Books Lower H1 Net Profit; Revenue Grows

MT Newswires·08/20/2026 01:10:25
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01:10 AM EDT, 08/20/2026 (MT Newswires) -- Al-Modawat Specialized Medical Co. (SASE:9594) said Thursday its net profit for the first half of 2026 declined, while revenue jumped year over year. Net profit attributable to shareholders for the six months ended June 30 was 6 million Saudi riyals, compared with 10.3 million riyals earlier. EPS moved to 0.08 riyal from 0.14 riyal. The Saudi Arabia-listed hospital operator's revenue was 72.4 million riyals, compared with 55.2 million riyals a year ago.