Sulaiman Al Habib Q2 profit reaches 662.66M Riyals
The preliminary financial results for Dr. Sulaiman Al-Habib Medical Group show a rise in net profit for the second quarter of 2026, reaching 662.66 million riyals, an increase of 12.12% compared to the same period last year. This growth is attributed to an 18.38% increase in revenues, which totaled 4.01 billion riyals, supported by a higher number of patients and improved occupancy rates in hospitals. Additionally, profits for the first half of the year experienced a slight year-on-year increase of 1.56%, with revenues recovering and operational conditions improving after seasonal factors and costs related to new expansions, despite ongoing challenges with newly operational hospitals that are still in the ramp-up phase to achieve maximum capacity utilization.
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