Middle East Healthcare Q3 net profit reaches SAR 36.68 million
Saudi company Middle East Healthcare reported third-quarter net profit of SAR 36.68 million and sales of SAR 877.15 million, according to Reuters.
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what happened
Middle East Healthcare Company posted third-quarter net profit of SAR 36.68 million, with sales reaching SAR 877.15 million. The figures were reported by Reuters, citing the company's own statement.
According to the company, revenue from inpatient and outpatient services rose, along with the number of admissions and surgeries performed. Specialized medical care and surgical services expanded, and new revenue streams emerged. General and administrative expenses, selling and marketing costs, and zakat expense all declined. However, finance costs increased, as did the company's share of losses from an associate.
why it matters
The quarter shows growth in core operations and lower spending in several areas, but higher financing costs and losses at an associate partly offset those gains. For the market, this is mainly news about a single company rather than a signal for broader indexes.
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sources
- Middle East Healthcare Q3 Profit SAR 36.68 Mln — Reuters, 8 November 2026 at 06:30 UTC
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