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Specialized Medical Company: Net profit fell 40% on higher costs, with IPO and dividend reversals marking a pivotal quarter

Specialized Medical Company: Net profit fell 40% on higher costs, with IPO and dividend reversals marking a pivotal quarter

Specialized Medical CompanyJune 24, 20253
Specialized Medical Company: Net profit fell 40% on higher costs, with IPO and dividend reversals marking a pivotal quarter

About this update from Specialized Medical Company

Revenue grew slightly year-over-year, but net profit declined nearly 40% due to higher expenses and lower margins. The Group is preparing for a June 2025 IPO and reversed SR 200 million in interim dividends, requiring shareholder repayment.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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