National Medical Care’s Q2 Profits Rise to SAR 79.9 Mln, up 15%

The National Medical Care Company recorded on Sunday a net profit of SAR 79.9 million in the second quarter of 2025, compared with SAR 69.5 million in the same quarter last year, a 15% increase. This came after the announcement today of the estimated financial results for the period ending June 30, 2025.

Operational profit reached SAR 84.9 million in the second quarter of 2025, compared with SAR 65.1 million in the same quarter of the previous year, an increase of 30.5%.

Profits per share reached SAR 3.7 in the second quarter, compared with SAR 3.36 in the same quarter of the previous year.

According to the Company, net profit increased by 15% year-on-year to SAR 79.9 million during the current quarter of 2025, accompanied by a decline in the net profit margin to 20.1%, compared with 23.4% during the same quarter of 2024. This improvement is due to the following factors:

– Increased revenues during the second quarter of 2025, driven by a rise in patient numbers; and

– Growth in gross profit, reflecting efforts to improve operational efficiency and rationalise costs.

The decline in the net profit margin is due to the following factors:

– Increased net profit during the comparative period compared with last year, due to the exceptional settlement of Zakat provisions; and

– Increased provision for expected credit losses, primarily due to slower recoveries.