Riyadh – Mubasher: Nahdi Medical Company registered an annual rise of 9.57% in net profit to SAR 255.20 million during the first quarter (Q1) of 2025, compared to SAR 232.90 million.
Earnings per share (EPS) grew to SAR 1.96 as of 31 March 2025 from SAR 1.79 in Q1-24, as per the financial results.
Revenues jumped by 16.72% year-on-year (YoY) to SAR 2.63 billion in the first three months (3M) of 2025 from SAR 2.25 billion.
Quarter-on-quarter (QoQ), the net profits in Q1-25 surged by 61.62% from SAR 157.90 million during the October-December 2024 period, while the revenues hiked by 11.51% from SAR 2.36 billion.
As of 31 December 2024, the Tadawul-listed firm generated net profits valued at AR 820.70 million, lower by 8.05% YoY than SAR 892.60 million.
