Canadian Medical Center Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 32,253,331 | 26,901,643 | 19.893 | 30,089,173 | 7.192 |
| Gross Profit (Loss) | 8,314,124 | 7,131,899 | 16.576 | 8,845,168 | -6.003 |
| Operational Profit (Loss) | 3,509,354 | 3,740,142 | -6.17 | 5,186,703 | -32.339 |
| Net profit (Loss) | 831,556 | 3,590,533 | -76.84 | 7,445,343 | -88.831 |
| Total Comprehensive Income | 911,108 | 3,932,165 | -76.829 | 6,874,474 | -86.746 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 62,342,504 | 51,224,437 | 21.704 |
| Gross Profit (Loss) | 17,159,292 | 11,510,465 | 49.075 |
| Operational Profit (Loss) | 8,696,057 | 3,878,472 | 124.213 |
| Net profit (Loss) | 8,276,899 | 3,369,746 | 145.623 |
| Total Comprehensive Income | 7,785,582 | 3,154,105 | 146.839 |
| Total Shareholders Equity (after Deducting Minority Equity) | 97,805,094 | 88,052,965 | 11.075 |
| Profit (Loss) per Share | 0.11 | 0.04 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in revenue during the current quarter compared to the same quarter of the previous year is attributed to the expansion in the operation of several new projects, which contributed to a 19.89% growth in operating revenue. This growth reflects the effectiveness of the Company’s transformation strategy, in addition to the implementation of a well-planned expansion policy aimed at enhancing market share and diversifying revenue streams. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The decline in net profit during the current quarter compared to the same quarter of the previous year is attributed to three main factors:
1. The Company incurred a portion of non-recurring expenses related to its transition to the Main Market (Tadawul), in accordance with the Company’s announcement published on Tadawul on July 27, 2025, regarding the submission of the transition file. This resulted in the Company bearing certain mandatory and due expenses associated with the regulatory and procedural requirements of this strategic step. 2. An unrealized decline in the valuation of the investment portfolio due to volatility in global financial markets during the second quarter, which does not reflect the Company’s actual operational performance. 3. Pre-operating expenses associated with the commencement of new projects, which fall under the Company’s future expansion plan. These expenses are transitional in nature and are intended to pave the way for the generation of future operating returns. The Company affirms that these factors are temporary and exceptional in nature and do not reflect the core operational performance. The Company continues to achieve positive results in key growth and strategic expansion indicators, which are expected to positively impact the financial results of upcoming periods, God willing. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase in revenue during the current quarter compared to the previous quarter is attributed to improved execution progress in ongoing projects, which positively impacted revenue by 7.19%, continuing the Company’s upward growth trajectory. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The decline in net profit during the current quarter compared to the same quarter of the previous year is attributed to three main factors:
1. The Company incurred a portion of non-recurring expenses related to its transition to the Main Market (Tadawul), in accordance with the Company’s announcement published on Tadawul on July 27, 2025, regarding the submission of the transition file. This resulted in the Company bearing certain mandatory and due expenses associated with the regulatory and procedural requirements of this strategic step. 2. An unrealized decline in the valuation of the investment portfolio due to volatility in global financial markets during the second quarter, which does not reflect the Company’s actual operational performance. 3. Pre-operating expenses associated with the commencement of new projects, which fall under the Company’s future expansion plan. These expenses are transitional in nature and are intended to pave the way for the generation of future operating returns. The Company affirms that these factors are temporary and exceptional in nature and do not reflect the core operational performance. The Company continues to achieve positive results in key growth and strategic expansion indicators, which are expected to positively impact the financial results of upcoming periods, God willing. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The increase in revenue during the current period compared to the same period of the previous year is attributed to the continued growth in the volume of projects, which led to a 21.70% increase in revenue during the first half of the year. This growth is a result of the well-executed expansion policy adopted by the Company as part of its overall transformation plan. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The increase in net profit during the current period compared to the same period of the previous year is attributed to improved operational performance, higher revenues, and enhanced cost management efficiency. These factors contributed to a strong growth in net profit of 145.62%, further supported by a 124.21% increase in operating profit and an increase in net profit margin from 6.58% to 13.27%, reflecting the Company’s strong financial and operational performance during this period. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | NA |
| Reclassification of Comparison Items | NA |
| Additional Information | - |
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