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Smile Care profits rise 87% in H1 2026
Basma Adim Medical Company (Smile Care) recorded a significant increase in its profits, rising by 87.14% during the first half of 2026, with net profit reaching 4.78 million SAR compared to 2.56 million SAR in the same period last year. Its revenues also grew by 50.41%, totaling 28.26 million SAR, driven by an increase in the number of clinics and doctors, as well as the use of the new branch in Al Malqa neighborhood, despite incurring additional operating expenses related to its expansions. Shareholders' equity increased by 22.85% to 50.86 million SAR, and earnings per share rose to 0.26 SAR. The results confirm that revenue growth played a main role in boosting profits, despite the high costs associated with the new projects.
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