Al Masar Al Shamil Reports SAR 118.61M Net Profit in the Six Months 2026
ALMASAR ALSHAMIL 6019.SA | 0.00 |
On 2026-08-11 08:03:56 (Saudi Time), Al Masar Al Shamil Education Co. announced its Interim financial results for the six months ended on June 30, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 163,352 | 134,313 | 21.62 | 187,659 | -12.952 |
| Gross Profit (Loss) | 80,080 | 59,374 | 34.873 | 89,379 | -10.404 |
| Operational Profit (Loss) | 77,261 | 56,961 | 35.638 | 69,958 | 10.439 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 64,699 | 50,169 | 28.962 | 53,906 | 20.021 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 64,699 | 50,169 | 28.962 | 53,906 | 20.021 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 351,011 | 288,110 | 21.832 |
| Gross Profit (Loss) | 169,459 | 132,253 | 28.132 |
| Operational Profit (Loss) | 147,219 | 110,762 | 32.914 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 118,605 | 90,414 | 31.179 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 118,605 | 90,414 | 31.179 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,331,477 | 1,248,666 | 6.631 |
| Profit (Loss) per Share | 1.16 | 0.88 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
For the six-month period ending 30 June 2026 (H1 2026), sales/revenue increased 21.832% YoY to SAR 351.01 million (from SAR 288.11 million), driven by strong enrollment growth across all business units. Net profit attributable to shareholders rose 31.179% YoY to SAR 118.61 million (from SAR 90.41 million), supported by successful strategy execution in the special needs education and care and higher education segments, as well as a higher share of results from NEMA Holding Company.
Quarter-on-Quarter Performance Drivers
QoQ revenue declined 12.952% to SAR 163.35 million (SAR 163,352(currency not specified in original) ÷ 1,000 = SAR 163.35 million), driven by seasonality in tuition recognition — specifically, Human Development Company recognized only two months of revenue for certain services due to the academic year ending in May. Despite the revenue decline, net profit rose 20.021% QoQ to SAR 64.70 million, primarily attributable to an increased share of results from NEMA Holding Company.
Other Items
The external auditor issued an unmodified conclusion with nothing to note in any other matter, conservation, notice, disclaimer of opinion, or adverse opinion paragraphs. No material risks, going concern uncertainties, debt covenant breaches, or accumulated losses were disclosed. Total shareholders' equity (after deducting minority equity) stood at SAR 1,331,477 thousand as of the current period, compared to SAR 1,248,666 thousand in the same period of the prior year, representing a 6.631% increase. Earnings per share for H1 2026 were SAR 1.16, up from SAR 0.88 in H1 2025. No reclassification of comparison items or additional information was noted.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97487&anCat=1&cs=6019&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/30895_8307_2026-08-10_17-27-35_en.pdfImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.