{"id":99223,"date":"2025-07-30T00:00:00","date_gmt":"2025-07-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/"},"modified":"2025-07-30T00:00:00","modified_gmt":"2025-07-30T00:00:00","slug":"the-earnings-keep-coming","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/","title":{"rendered":"The earnings keep coming"},"content":{"rendered":"

\n

ARABIAN DRILLING-<\/p>\n

Arabian Drilli<\/a><\/strong>ng<\/a><\/strong> saw <\/strong>its net income drop 65% y-o-y to SAR 7 mn in 2Q 2025<\/strong>, driven by a drop in rig utilization to 79% from 91% in 2Q last year, along with increased finance expenses from higher debt, it said in its earnings release (pdf)<\/a>. Revenue also slipped 8.2% y-o-y to SAR 862 mn during the same period due to a 43.2% decline in the offshore segment, despite 23.7% growth in the land segment.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

On a 1H basis, the company\u2019s bottom line was down 50% y-o-y to <\/strong>SAR 83 mn<\/strong>, while its top line fell 6.9% y-o-y to SAR 1.8 bn.<\/p>\n

Looking ahead:<\/strong> For 3Q 2025, Arabian Drilling anticipates a potential revenue decline of up to 10% from 2Q, citing ongoing rig suspensions and market uncertainties. The company expects its strong backlog and cost optimization efforts to streamline operations ahead of a challenging 2H.<\/p>\n

Dividends on pause<\/strong>:<\/strong> The company\u2019s board recommended pausing dividends for this year due to rig demand fluctuations, ongoing capital investments in its fleet, and regional expansion plans, it said in a filing to the bourse<\/a>. The proposal requires shareholders\u2019 approval.<\/p>\n

ALSO- <\/strong>Arabian Drilling opened a new branch in the UAE\u2019s Sharjah to serve as a regional base for its GCC and international operations, according to a separate disclosure to Tadawul<\/a>.<\/p>\n

\n

MOUWASAT MEDICAL SERVICES-<\/p>\n

Mouwasa<\/a><\/strong>t Me<\/a><\/strong>dical Services<\/a><\/strong>\u2019 net income increased 22.4% y-o-y to about SAR 187 mn in <\/strong>2Q 2025<\/strong>, backed by revenue growth, higher income streams, lower impairment provisions, reduced financing costs, and lower Zakat expenses, it said in a disclosure to Tadawul<\/a> yesterday. Revenue also rose 15.4% y-o-y to SAR 796.4 mn during the quarter, driven by higher outpatient visits, stronger inpatient occupancy, and continued benefits from improved client contracts.<\/p>\n

On a 1H basis, the company\u2019s bottom line widened 18.4% y-o-y to SAR 384 mn<\/strong>, while its top line grew 10.4% y-o-y to SAR 1.6 bn.<\/p>\n

\n

UNITED CARTON INDUSTRIES CO.-<\/p>\n

Tadawul newcomer <\/strong>United Carto<\/a><\/strong>n Industries Company<\/a><\/strong> (UCIC) posted a 71.4% y-o-y drop <\/strong>in net <\/strong>income to SAR 8 mn in 2Q 2025<\/strong>, weighed down by higher raw material costs, particularly paper, it said in a disclosure to Tadawul<\/a> yesterday. Meanwhile, revenue rose 6.3% y-o-y to SAR 335 mn during the quarter, supported by higher sales volumes in the corrugated and folding carton segments.<\/p>\n

On a 1H basis, UCIC\u2019s net income declined 57.4% y-o-y to SAR 26.7 mn<\/strong>, while revenue rose 2.1% y-o-y to SAR 684.8 mn.<\/p>\n

\n

SPECIALIZED MEDICAL CO.-<\/p>\n

Tadawul newcomer <\/strong>Specialized Medical Co. (SMC) reported a net income of SAR 36.4 mn <\/strong>in 2Q 2025,<\/strong> down 28.6% y-o-y<\/strong>, according to a disclosure to Tadawul<\/a>. The decline was mainly due to the company\u2019s shift away from long-term care services, as well as transition-related costs, including staff retention, pre-opening expenses for new clinics, and one-off charges tied to rebranding and IPO preparation. <\/p>\n

Revenue rose 6.6% y-o-y to SAR 380 mn during the quarter<\/strong>, supported by the launch of 21 new outpatient clinics and the ramp-up of 20 clinics opened in 1Q. <\/p>\n

On a 1H basis: <\/strong>SMC posted SAR 66 mn in net income for the first six months of 2025, down 34.1% from the same period last year. Meanwhile, revenue rose 4.1% y-o-y to SAR 748.9 mn. <\/p>\n","protected":false},"excerpt":{"rendered":"

Arabian Drilling\u2019s net income falls 65%, pauses dividends<\/p>\n","protected":false},"author":1,"featured_media":99224,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2607],"tags":[961,285,10,2158,3870,3868],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-arabian-drilling","tag-earnings-watch","tag-enterpriseam-ksa","tag-mouwasat-medical-services","tag-specialized-medical-company","tag-united-carton-industries-company-ucic","wpautop","entry"],"acf":{"mongo_id":"2c334e70-5052-4ba1-a2ef-3fff487ccdf8","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/451.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Arabian Drilling, United Carton, and Mouwasat Medical post 2Q earnings","related_issue":[99206],"teaser":"Arabian Drilling\u2019s net income falls 65%, pauses dividends","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.9dc89106-833f-4568-934c-351a731454ff.mp3"},"yoast_head":"\nThe earnings keep coming - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The earnings keep coming\" \/>\n<meta property=\"og:description\" content=\"Arabian Drilling\u2019s net income falls 65%, pauses dividends\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-30T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The earnings keep coming\",\"datePublished\":\"2025-07-30T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\"},\"wordCount\":526,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Arabian Drilling\",\"EARNINGS WATCH\",\"EnterpriseAM KSA\",\"Mouwasat Medical Services\",\"Specialized Medical Company\",\"United Carton Industries Company (UCIC)\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\",\"name\":\"The earnings keep coming - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-07-30T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The earnings keep coming\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The earnings keep coming - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/","og_locale":"en_US","og_type":"article","og_title":"The earnings keep coming","og_description":"Arabian Drilling\u2019s net income falls 65%, pauses dividends","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/","og_site_name":"KSA","article_published_time":"2025-07-30T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The earnings keep coming","datePublished":"2025-07-30T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/"},"wordCount":526,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1","keywords":["Arabian Drilling","EARNINGS WATCH","EnterpriseAM KSA","Mouwasat Medical Services","Specialized Medical Company","United Carton Industries Company (UCIC)"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/","name":"The earnings keep coming - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1","datePublished":"2025-07-30T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/30\/the-earnings-keep-coming\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"The earnings keep coming"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/451.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/99223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=99223"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/99223\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/99206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/99224"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=99223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=99223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=99223"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=99223"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=99223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}