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Raya's Q2 profit reaches 93.97M riyals
The National Medical Care Company (Raya) announced its financial results for the second quarter of 2026, recording a 17.55% year-over-year increase in net profit, reaching 93.97 million SAR. This rise was supported by an 14.7% growth in revenues, which amounted to 456.35 million SAR. The quarter also saw an increase in the number of patients by 20%, along with improved operational performance and a reduction in credit loss provisions. For the first half of the year, revenues grew by 7.81% to 844.34 million SAR, while net profit decreased by 11.42% to 146.43 million SAR, mainly due to rising revenue costs and operational expenses.
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