On 2026-08-05 09:15:40 (Saudi Time), Perfect Presentation for Commercial Services Co. (2P) announced its Interim financial results for the six months ended on June 30, 2026.

Year-on-Year Performance Drivers

For the six-month period ending 30 June 2026, sales/revenue increased 9.819% YoY to SAR 64.56 million (645,627,400 / 1,000,000 = SAR 645.63 million) from SAR 587.90 million, primarily driven by strong growth across the Contact Centers segment (SAR 205 million vs. SAR 181 million), Managed Services segment (SAR 101 million vs. SAR 48 million), and Cybersecurity segment (SAR 25 million vs. SAR 6 million). Gross profit rose approximately 9.956% YoY to SAR 137.49 million from SAR 125.04 million, while operating profit grew approximately 10.171% to SAR 95.40 million from SAR 86.59 million, reflecting improved operational efficiency across business segments. Net profit attributable to shareholders increased 3.407% YoY to SAR 69.62 million from SAR 67.32 million, with the more modest net profit growth relative to revenue and operating profit growth suggesting higher below-the-line costs partially offsetting the strong operational performance.

Quarter-on-Quarter Performance Drivers

QoQ revenue declined 4.404% to SAR 315.55 million (SAR 315,545,185 / 1,000,000 = 315.55 million) from SAR 330.08 million in the prior quarter, primarily due to the revenue recognition method applied by the Software business unit (Agent Method), though this did not impact profitability. Net profit attributable to shareholders rose 10.546% QoQ to SAR 36.55 million from SAR 33.06 million, driven by an 11% increase in operating profit, which reached SAR 50 million in Q2 2026 compared with SAR 45 million in the previous quarter.

Other Items

The external auditor issued an unmodified conclusion on the interim financial results for the six-month period ended June 30, 2026, with no additional comments, reservations, or disclaimers noted. Total shareholders' equity (after deducting minority equity) stood at SAR 740,178,576 as of the current period, compared with SAR 607,155,067 for the same period of the previous year, representing an increase of 21.909%. Earnings per share for the current period were SAR 0.23, compared with SAR 0.22 for the corresponding period of the previous year. Total comprehensive income attributable to shareholders reached SAR 68,622,394 for the six-month period, up 10.426% from SAR 62,143,239 in the prior year period. No material risks, going concern uncertainties, accumulated losses, or reclassification of comparative items were reported.

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