Riyadh — Mubasher: Nahdi Medical Company has established a new wholly owned subsidiary, Rawaa Al Seha, based in Saudi Arabia, according to a bourse filing.

The formation of the new entity is designed to support the company’s strategic objectives and future growth plans by strengthening its internal capabilities in supply chain management, logistics services, distribution, and delivery solutions.

Nahdi Medical stated that there is no immediate material financial impact resulting from the establishment of the subsidiary at the current stage. However, Rawaa Al Seha is expected to contribute to future growth initiatives and improve overall operational efficiencies for the parent group.

The group confirmed it will disclose any significant developments or future financial impacts in accordance with relevant regulatory requirements as they arise.

Such a move aligns with the firm's broader efforts to integrate its value chain and optimize its logistics infrastructure to serve its retail and healthcare operations.

In the first half (H1) of 2026, the listed medical group registered net profits of SAR 450.90 million.