Al Masar Reports SAR 53.91M Net Profit in Three Months 2026
ALMASAR ALSHAMIL 6019.SA | 0.00 |
On 2026-05-12 08:08:46 (Saudi Time), Al Masar Al Shamil Education Co. announced its Interim financial results for the three months ended on March 31, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 187,659 | 153,797 | 22.017 | 197,844 | -5.147 |
| Gross Profit (Loss) | 89,379 | 72,879 | 22.64 | 106,442 | -16.03 |
| Operational Profit (Loss) | 69,958 | 53,801 | 30.031 | 82,486 | -15.188 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 53,906 | 40,245 | 33.944 | 59,571 | -9.509 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 53,906 | 40,245 | 33.944 | 58,763 | -8.265 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 1,341,778 | 1,287,872 | 4.185 |
| Profit (Loss) per Share | 0.53 | 0.39 | |
| 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
Sales increased 22.017% YoY to SAR 187.66 million, driven by strong enrollment growth across all business units and successful strategy execution in special needs education and higher education segments. Net profit attributable to shareholders rose 33.944% YoY to SAR 53.91 million, primarily due to revenue growth across all business units and a higher share of results from an associate.
Quarter-on-Quarter Performance Drivers
QoQ revenue declined 5.15% to SAR 187.66 million due to seasonality in tuition recognition, with the current semester spanning five months versus four months in the previous quarter, spreading revenue over a longer period. Net profit attributable to shareholders fell 9.51% to SAR 53.91 million, following the same seasonality pattern where revenue is recognized over an extended timeframe while operating costs remain largely fixed.
Other Items
The auditors issued an unmodified conclusion with no material uncertainties, qualifications, or adverse comments noted. Total shareholders equity increased 4.185% year-over-year to SAR 1,341,778 thousand. Earnings per share improved to SAR 0.53 compared to SAR 0.39 in the same quarter of the previous year. No accumulated losses or significant financial risks were reported in the interim financial statements.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95274&anCat=1&cs=6019&locale=arImportant 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.