Canadian Medical Center Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 38,659,246 | 32,253,331 | 19.861 | 38,043,638 | 1.618 |
| Gross Profit (Loss) | 10,182,872 | 8,314,124 | 22.476 | 8,172,566 | 24.598 |
| Operational Profit (Loss) | 4,573,345 | 3,509,354 | 30.318 | 4,079,855 | 12.095 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 3,496,943 | 831,556 | 320.53 | 3,038,875 | 15.073 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 2,829,480 | 911,108 | 210.553 | 2,727,548 | 3.737 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 76,702,884 | 62,342,504 | 23.034 |
| Gross Profit (Loss) | 18,355,438 | 17,159,292 | 6.97 |
| Operational Profit (Loss) | 8,653,200 | 8,696,057 | -0.492 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 6,535,818 | 8,276,899 | -21.035 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 5,557,028 | 7,785,582 | -28.624 |
| Total Shareholders Equity (after Deducting Minority Equity) | 94,780,620 | 97,805,094 | -3.092 |
| Profit (Loss) per Share | 0.08 | 0.11 | |
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| 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 during the current quarter compared to the same quarter of the previous year is attributable to the Company's continued implementation of its expansion transformation plan, through: •Launching new projects in a number of regions. •Entering new sectors as part of a strategic direction to diversify sources of income. •Enhancing the Company's sustainable growth by increasing the volume of operating activities. Collectively, these factors contributed to a 20% growth in revenue compared to the same quarter of the previous year, confirming the effectiveness of the Company's expansion strategy and its ability to achieve a continued positive impact on operating performance. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The increase in net profit during the current quarter compared to the same quarter of the previous year is mainly attributable to: -An increase in gross profit resulting from revenue growth and improved operating performance. -A significant decrease in investment portfolio losses, with the portfolio recording losses of approximately SAR 1.96 million during the same quarter of the previous year, compared to limited losses of SAR 0.25 million during the current quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in revenue during the current quarter compared to the previous quarter is attributable to the Company's continued implementation of its expansion transformation plan, through: •Launching new projects in a number of regions. •Entering new sectors as part of a strategic direction to diversify sources of income. •Enhancing sustainable growth by increasing the volume of operating activities. These factors contributed to a 2% growth in revenue compared to the previous quarter, continuing the Company's operational expansion trajectory. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit during the current quarter compared to the previous quarter is due to several factors, most notably: Improved gross profit resulting from a decrease in cost of revenue, supported by higher revenue, despite an increase in the expected credit loss provision, which partially offset the impact of the improvement in profitability. |
| 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 revenue during the current period compared to the same period of the previous year is attributable to the Company's continued implementation of its expansion transformation plan, mainly through: •Launching new projects in a number of regions. •Entering new sectors as part of a strategic direction to diversify sources of income. •Enhancing sustainable growth by increasing the volume of operating activities. This contributed to a 23% growth in total revenue during the current period compared to the same period of the previous year. |
| 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 decrease in net profit during the current period compared to the same period of the previous year is mainly attributable to: -A decline in the valuation of the investment portfolio compared to the first half of 2025, resulting from financial market volatility and geopolitical events affecting the region. It is worth noting that the second quarter's performance alone recorded a notable improvement in the investment portfolio's results, reflecting the beginning of a recovery from this impact during the period. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | The Company achieved a notable improvement in operating profit during the current quarter, with operating profit rising by 30% compared to the same quarter of the previous year, and by 12% compared to the previous quarter. This improvement is attributable to revenue growth and a higher gross profit margin, reflecting the Company's continued improvement in operating efficiency, despite the challenges and surrounding circumstances experienced by the region during the period. |
| Attached Documents |  |
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