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MLP Saglik Hizmetleri (MPARK) investor relations material
MLP Saglik Hizmetleri Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first nine months of 2025 grew 7% year-over-year to TL 39,221m, with Q3 revenue up 0.2% to TL 13,064m compared to Q3 2024.
EBITDA increased 10.7% year-over-year to TL 10,455m for 9M 2025, with Q3 EBITDA up 14.1% to TL 3,986m.
Net profit attributable to equity holders declined 24.4% year-over-year to TL 4,075m for 9M 2025, and dropped 41.9% in Q3 to TL 1,619m.
Two new hospitals opened in Istanbul in August and September 2025, including the acquisition of Özel Medistanbul Hospital, adding significant bed and operating theatre capacity.
Earnings per share for the period was 21.33, down from 28.20 in the prior year.
Financial highlights
Gross profit rose 9.9% year-over-year to TL 10,946m for 9M 2025.
EBITDA margin improved to 26.7% in 9M 2025 from 25.7% in 9M 2024.
Average revenue per visit increased 12% year-over-year, and average revenue per protocol rose 4%.
Outpatient and inpatient revenues grew, with inpatient up 6.1% and outpatient up 15% year-over-year.
Operating profit reached TL 7,480m, compared to TL 6,670m in the same period last year.
Outlook and guidance
Management expects continued growth supported by domestic private medical insurance and efficiency initiatives.
Expansion investments and new Turkish Financial Reporting Standards are expected to impact future performance.
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