7 days ago
SMC's non-recurring expenses hit SAR 10M in H1 2025
Specialized Medical Co.'s (SMC) incurred non-recurring expenses of approximately SAR 10 million during the first half of 2025 due to brand restructuring costs and preparations related to the initial public offering (IPO), CFO Hani Charani told Argaam in a special interview.
He emphasized that these are one-time expenses that will not be recurring in the second half of the year.