1 Day
Source:
معلومات مباشر
Al-Dawaa Q1 profits drop 78.84percent
Al-Dawaa Medical Services Company announced its financial results for the first quarter of 2026, recording a net profit of 22.25 million SAR, a decrease of 78.84% compared to the same quarter of the previous year, which achieved 105.17 million SAR. Revenues declined to 1.54 billion SAR, a decrease of 7.18%, due to market changes and shopping patterns, despite growth in the wholesale sector by 65.8% and logistics by 58.8%. Additionally, profits were affected by non-recurring government costs and provisions for impairment losses. The company's results also showed a decline in revenues compared to the last quarter of 2025, due to seasonal factors, leading to a 63.48% drop in net profit.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)