Smile Care profits rise 87% in early 2026
Basma Adim Medical Company (Smile Care) achieved a significant increase in its profits during the first half of 2026, with profits rising by 87.14% to reach 4.78 million SAR, compared to 2.56 million SAR in the same period of the previous year. The company's revenues also grew by 50.41% to reach 28.26 million SAR, driven by increased capacity through clinic expansions, the opening of new branches, and growth in the number of patients. Despite the rise in operating expenses associated with the new branches, the growth in revenue contributed to an enhancement in net profit. Equity increased by 22.85% to reach 50.86 million SAR, and earnings per share rose to 0.26 SAR.
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