New Risk • Apr 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 67% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Apr 07
Full year 2025 earnings released: EPS: ر.س1.19 (vs ر.س3.37 loss in FY 2024) Full year 2025 results: EPS: ر.س1.19 (up from ر.س3.37 loss in FY 2024). Revenue: ر.س842.2m (up 3.4% from FY 2024). Net income: ر.س23.6m (up ر.س90.2m from FY 2024). Profit margin: 2.8% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Arabian International Healthcare Co. Approves Board Elections, Effective 31 March 2026 Arabian International Healthcare Co. at its Ordinary General Assembly Meeting held on March 30, 2026 approved the election of Mr. Khalid Mekiemen Al Anazi, Mr. Hesham Osama Taha Dinana and Mr. Omar Mounir El Khatib as Director, commence on 31 March 2026 for a period of three years ending on 31 March 2029. New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change). New Risk • Jul 09
New major risk - Revenue and earnings growth Earnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 33% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Announcement • May 30
Arabian International Healthcare Holding Company, Annual General Meeting, Jun 26, 2025 Arabian International Healthcare Holding Company, Annual General Meeting, Jun 26, 2025, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Mar 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 33% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Dividend is not well covered by cash flows (100% cash payout ratio). Large one-off items impacting financial results. New Risk • Oct 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 245% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 33% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Large one-off items impacting financial results. Announcement • Jul 27
Arabian International Healthcare Holding Company Announces Chief Executive Officer Changes Arabian International Healthcare Holding Company announced that its Board of Directors accepts the resignation of Eng. Alaa Ahmed Abdul Majeed Ameen from its position as the Company CEO for personal reasons, which was approved by the Board on July 24, 2024 PM. Resignation Effective Date
is August 31, 2024. Moreover, the Board of Directors has approved the appointment of Mr. Yasir Amin Mohammad Khattab as CEO of the company, effective September 1, 2024. Dr. Yasser comes with extensive 32+ years of healthcare experience in different medical sectors. Prior to joining Tibbiyah, he was the CEO of Tamer Healthcare . In addition, he has more than 16 years of experience in sales, marketing, and business development in Boston Scientific, Schering Plough MSD, Sandoz - Novartis, and GSK. Dr Yasir has a Bachelor in pharmaceutical sciences from the University of Tanta - Egypt. New Risk • Jun 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 32% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (471% cash payout ratio). Large one-off items impacting financial results. Announcement • May 22
Arabian International Healthcare Holding Company, Annual General Meeting, Jun 10, 2024 Arabian International Healthcare Holding Company, Annual General Meeting, Jun 10, 2024, at 18:45 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Mar 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.2% net profit margin). New Risk • Sep 30
New major risk - Revenue and earnings growth Earnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Profit margins are more than 30% lower than last year (3.2% net profit margin). Buying Opportunity • Dec 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be ر.س46.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last year. Earnings per share has declined by 76%. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Vice Chairman of the Board Mohammed bin bin Abdullah Al Saud is the most experienced director on the board, commencing their role in 2021. Non-executive Independent Director Steven Swinson was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Buying Opportunity • Nov 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be ر.س49.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last year. Earnings per share has declined by 76%. Announcement • Oct 26
Arabian International Healthcare Holding Company Announces Resignation of Mr. Rami Hassan Farhat as Audit Committee Member Arabian International Healthcare Holding Company announces that Mr. Rami Hassan Farhat resigned from his position as Audit Committee member; for personal reasons, effective 24th October 2022. It is noted that the Company Board accepts his resignation after collecting the Board members signatures on October 24, 2022. It is noted that the Board of Directors will work to appoint a new member for the vacant position before the end of the current Audit Committee session, provided that the name of the new member will be announced subsequently in accordance with the regulations in force. Announcement • Oct 24
Arabian International Healthcare Holding Company Announces Resignation of Rami Hassan Farhat as Non-Executive Board Member Arabian International Healthcare Holding Company (Tibbiyah) announced that Mr. Rami Hassan Farhat resigned from his position as Non-executive Board member; for personal reasons, effective Thursday 20th October 2022. Reported Earnings • Sep 05
First half 2022 earnings released: ر.س1.03 loss per share (vs ر.س0.26 profit in 1H 2021) First half 2022 results: ر.س1.03 loss per share (down from ر.س0.26 profit in 1H 2021). Revenue: ر.س215.2m (down 14% from 1H 2021). Net loss: ر.س20.7m (down ر.س25.8m from profit in 1H 2021). Announcement • Aug 31
Arabian International Healthcare Holding Company (SASE:9530) completed the acquisition of 51% interest in Innovative Care Company. Arabian International Healthcare Holding Company (SASE:9530) entered into a definitive agreement to acquire 51% interest in Innovative Care Company on March 10, 2022. The consideration is structured through a combination of cash and earn-out payments. The agreement is subject to a number of pre-closing conditions, including, without limitation, obtaining the approval of both company boards, the General Authority for Competition, as well as other requirements of a regulatory and commercial nature. Osama Audi and Abeer Jarrar of Baker & McKenzie Limited acted as legal advisor to Innovative Care Company. As of June 30, 2022, General Authority for Competition has approved the acquisition of Innovative Care by Arabian International Healthcare. KPMG Professional Services acted as financial advisers to New You.
Arabian International Healthcare Holding Company (SASE:9530) completed the acquisition of 51% interest in Innovative Care Company on March 10, 2022. Announcement • Jun 30
Arabian International Healthcare Holding Company Approves to Distribute Cash Dividend for the Fiscal Year Ended December 31, 2021, Payable on July 18, 2022 Arabian International Healthcare Holding Company announced that at its Extraordinary General Assembly Meeting held on June 30, 2022, approved the recommendation of the Board of Directors to distribute cash dividends to shareholders for the fiscal year ending on December 31, 2021 at a rate of SAR 3 per share with a total amount of SAR 60,000,000 representing 30% of the Company capital, provided that the eligibility is for the shareholders registered in the company’s shareholders register in Securities Depository Center Company EDAA at the end of the second trading day following the day of the EGM, noting that these dividends will be distributed on the 18th of July 2022. Announcement • Jun 21
Arabian International Healthcare Holding Company Recommends Cash Dividends for the Year Ending on December 31, 2021, Payable on 18 July 2022 Arabian International Healthcare Holding Company announced that on the Recommendation of the Board of Directors to distribute cash dividends to shareholders for the fiscal year ending on December 31, 2021 at a rate of 3 Riyals per share with a total amount of 60,000,000 riyals (Sixty million Saudi riyals) representing 30% of the Company capital, provided that the eligibility is for the shareholders registered in the company-s shareholders register in Securities Depository Center Company EDAA at the end of the second trading day following the day of the EGM, noting that these dividends will be distributed on the 18th of July 2022. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). Vice Chairman of the Board Mohammed bin bin Abdullah Al Saud is the most experienced director on the board, commencing their role in 2021. Non-executive Independent Director Steven Swinson was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Mar 08
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). Vice Chairman of the Board Mohammed bin bin Abdullah Al Saud is the most experienced director on the board, commencing their role in 2021. Non-executive Independent Director Steven Swinson was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.