Middle East Healthcare Company (Saudi German Health) Announces its Interim Financial Results for the Period Ending on 2025-06-30 ( Six Months )

3 August 2025
Introduction
Introduction
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 791.13 712.66 11.01 733.74 7.821
Gross Profit (Loss) 308.04 279.07 10.38 283.65 8.598
Operational Profit (Loss) 111.34 105.73 5.305 101.55 9.64
Net profit (Loss) 63.67 62.88 1.256 160.13 -60.238
Total Comprehensive Income 63.41 66.22 -4.243 160.1 -60.393
All figures are in (Millions) Saudi Arabia, Riyals


 

Element List Current Period Similar period for previous year %Change
Sales/Revenue 1,524.87 1,401.87 8.773
Gross Profit (Loss) 591.69 538.92 9.791
Operational Profit (Loss) 212.89 223.36 -4.687
Net profit (Loss) 223.8 106.88 109.393
Total Comprehensive Income 223.5 111.32 100.772
Total Shareholders Equity (after Deducting Minority Equity) 1,803.59 1,430.93 26.043
Profit (Loss) per Share 2.43 1.16
All figures are in (Millions) Saudi Arabia, Riyals


 

Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
All figures are in (Millions) Saudi Arabia, Riyals
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is

The increase in revenue for the current quarter compared to the same quarter of last year is due to:
1- Growth in the total number of inpatient and outpatient visits.

2- Expansion of the Group’s operational bed capacity at select facilities.

3- Contract awarded by the Ministry of Health to operate the Mina II Emergency Hospital during the 2025 Hajj season.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is

Increase in net profit for the current quarter compared to the same quarter of the last year is due to:
1- Growth in the total number of inpatient and outpatient visits.

2- Expansion of the Group’s operational bed capacity at select facilities.

3- Contract awarded by the Ministry of Health to operate the Mina II Emergency Hospital during the 2025 Hajj season.

4- Decline in net finance expenses due to improved leverage and lower interest rates.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is

The increase in the revenues during the current quarter compared to the previous one is due to:
1- Growth in the number performed surgeries.

2- Contract awarded by the Ministry of Health to operate the Mina II Emergency Hospital during the 2025 Hajj season.

3- Improved case mix.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is

The decrease in net profit for the current quarter compared to the previous quarter is due to:
The previous quarter included a one-off capital gain of SAR 114 million related to the sale of an unutilized plot of land in Riyadh.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is

The increase in revenues for the current period compared to the previous year is due to:
1- Growth in the total number of inpatient and outpatient visits.

2- Expansion of the Group’s operational bed capacity at select facilities.

3- Contract awarded by the Ministry of Health to operate the Mina II Emergency Hospital during the 2025 Hajj season.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is

The increase in net profit for the current period compared to the previous year is due to:
1- Growth in the total number of inpatient and outpatient visits.

2- Expansion of the Group’s operational bed capacity at select facilities.

3- Contract awarded by the Ministry of Health to operate the Mina II Emergency Hospital during the 2025 Hajj season.

4- Decline in net finance expense due to improved leverage and lower interest rates.

5- Recognition of a one-off capital gain of SAR 114 million related to the sale of an unutilized plot of land in Riyadh.
Statement of the type of external auditor's report

Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)

N/A
Reclassification of Comparison Items

N/A
Additional Information

Last year figures were re-stated due to Derivative Financial Instruments (swap rate).