Saudi German Health’s net profits up to SAR 104.5m in 9M-26

SAUDI GERMAN HEALTH
4009 0.96% 27.38 0.26

Riyadh – Mubasher Middle East Healthcare Company (Saudi German Health) logged a net profit of SAR 104.49 million in the first nine months (9M) of 2026, an annual rise of 8.32% from SAR 96.46 million.

Earnings per share (EPS) increased year-on-year (YoY) to SAR 1.14 in 9M-26 from SAR 1.05, while total revenues jumped by 8.50% to SAR 2.49 billion.

In the third quarter (Q3) of 2026, Saudi German Health turned profitable at SAR 36.68 million, a significant recovery from a restated net loss of SAR 89.66 million in Q3-25.

The revenue grew by 14.08% to SAR 877.15 million, backed by the expansion of specialized medical and surgical services, which led to higher inpatient and outpatient volumes.

The results were also impacted by prior-period adjustments, including a SAR 184.20 million restatement of trade receivables.

However, the company noted a higher share of loss from its investment in Al Sobh Investment Holding Limited, which reached SAR 18.50 million.

The auditor's report included a qualified conclusion regarding the sufficiency of evidence for certain restatements related to prior-period errors.

As of 30 June 2026, the listed group recorded net profits valued at SAR 67.82 million.

Source: Mubasher Source: {{details.article.source}}