Al-Habib Restores Operational Momentum

The results of Dr. Sulaiman Al-Habib Medical Services Group for the second quarter of 2026 showed record revenues exceeding 4 billion SAR, with an annual growth of 18.4%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 21.4% to reach 1.04 billion SAR, indicating a strong improvement in operational efficiency. While net profit rose by 12.1% to approximately 663 million SAR, it fell short of expectations by 1.2%, reflecting that operational improvements did not fully translate into final profits. The growth was primarily driven by increased utilization of existing assets, a rise in the number of patients, and successful expansion of hospitals. The growing demand for healthcare and medications led to significant growth in revenues and related services, along with improved operating profit margins. However, despite the positive trends in revenues and operating profits, costs and expenses still pose a challenge to fully converting growth into net profit. There was a slight decline in overall profitability ratios, but growth is expected to continue with increasing patient demand and enhanced efficiency in the second half of the year.

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