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معلومات مباشر
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2026-11-09T06:55:53.239Z

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Q3 Profit Falls 42.17%

Q3 Profit Falls 42.17%

Canadian Medical Center Company’s net profit fell 42.17% year on year in the third quarter of 2026 to SAR 2.02 million, compared with SAR 3.48 million in the same period of 2025. Revenue declined 12.72% to SAR 36.38 million, due to reduced activity on NEOM projects after some were halted and the National Guard project was suspended, as well as higher provisions for losses on trade receivables. The impact was partly offset by a decrease in investment portfolio losses to SAR 243,000, from SAR 2.34 million a year earlier.

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