NMC announces SAR 233.5m net profits amid 10% revenue growth in 9M-26

CARE
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Riyadh — Mubasher: National Medical Care Company (NMC) reported a net profit of SAR 233.46 million for the first nine months (9M) of 2026, reflecting a 5.68% decrease from SAR 247.51 million in 9M-25, according to a bourse disclosure.

The decline in profitability occurred despite a 10.07% rise in total revenues, which reached SAR 1.32 billion in 9M-26 compared to SAR 1.20 billion in 9M-25.

The company attributed the nine-month profit contraction to a 12.10% increase in the cost of revenues, driven by higher staff costs and medical supplies.

Operating expenses also rose by 17.80% to SAR 199.50 million, while finance costs increased to SAR 16.10 million in 9M-26 from SAR 6.90 million in 9M-25.

NMC noted that Zakat expenses for the January-September 2026 period climbed to SAR 22.30 million.

For the third quarter (Q3) of 2026, the net profits rose by 5.87% year-on-year (YoY) to SAR 87.02 million.

Earnings per share for the nine-month period stood at SAR 5.22, down from SAR 5.54 in 9M-25.

Quarterly revenue grew by 14.35% to SAR 471.61 million, supported by a 13.20% increase in patient volumes to 283,506 and a 16.70% rise in surgical operations to 7,738.

Gross profit for the July-September 2026 quarter reached SAR 179.57 million, reflecting an 18.55% increase.

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