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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Specialized Medical Company
Specialized Medical Company (4019) investor relations material
Specialized Medical Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Nov, 2026
Executive summary
Q3 2026 revenue rose 4.8% YoY to 401.1 million, supported by higher patient activity and expanding outpatient operations.
9M 2026 revenue increased 4.6% YoY to 1,183.1 million, while EBITDA and net profit declined amid higher operating costs and lower other income.
Financial highlights
Q3 2026 EBITDA was 78.7 million, down 24.7% YoY; net profit was 41.9 million, down 36.8%.
9M 2026 EBITDA was 230.7 million, down 5.6% YoY; net profit was 119.6 million, down 9.5%.
Q3 revenue was 401.1 million versus 382.6 million in Q3 2025; 9M revenue was 1,183.1 million versus 1,130.9 million.
Outlook and guidance
Near-term priorities include ramping up Al Malqa clinic center and launching the MOH PPP mental health hospital, targeted to commence operations by Q2 2027.
SMC 3 and SMC 4 are estimated for completion in 2028; SMC 5 is estimated for 2029, with land acquisition expected in 2026.
Planned northern Riyadh hospitals are expected to nearly double capacity; the strategy also targets outpatient expansion and growth in higher-margin acute care services.
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Latest events from Specialized Medical Company
- Net profit rose 24.2% in Q2 2026, with margin gains and new hospital contracts supporting growth.4019
Q2 2026 - Q1 2026 delivered 3.3% revenue and 9.8% profit growth, with strong expansion and improved leverage.4019Q1 2026
- FY 2025 net profit rose 43.7% to SAR 266.2m on 7% revenue growth, with strong 2026 outlook.4019Q4 2025
- Q3 2025 net profit up 12.4%, with margin gains and major expansion projects underway.4019Q3 2025
- Q2 2025 revenue up 6.6% YoY, IPO completed, and expansion continues despite margin pressure.4019Q2 2025
- Net profit fell 40% on higher costs, with IPO and dividend reversals marking a pivotal quarter.4019Q1 2025
- Revenue and net profit rose, dividend increased, and IPO planned for June 2025.4019Q4 2024
Next Specialized Medical Company earnings date
Q4 202615 Mar, 2027
Specialized Medical Company
Next Specialized Medical Company earnings date
Q4 202615 Mar, 2027
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