Saudi Tadawul Group Reports SAR 147.7M Net Profit in the Six Months 2026

TADAWUL GROUP

TADAWUL GROUP

1111.SA

0.00

On 2026-07-27 08:00:15 (Saudi Time), Saudi Tadawul Group Holding 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 322.6 318.9 1.16 294.6 9.504
Gross Profit (Loss) 172.2 172.4 -0.116 140.7 22.388
Operational Profit (Loss) 70.6 78.1 -9.603 39.1 80.562
Net Profit (Loss) Attributable to Shareholders of the Issuer 92.1 96.2 -4.261 55.6 65.647
Total Comprehensive Income Attributable to Shareholders of the Issuer 92.2 91.7 0.545 50.9 81.139
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 617.1 647.1 -4.636
Gross Profit (Loss) 312.9 363.1 -13.825
Operational Profit (Loss) 109.7 185.7 -40.926
Net Profit (Loss) Attributable to Shareholders of the Issuer 147.7 216.8 -31.872
Total Comprehensive Income Attributable to Shareholders of the Issuer 143.1 210.8 -32.115
Total Shareholders Equity (after Deducting Minority Equity) 3,309.9 3,270.6 1.201
Profit (Loss) per Share 1.23 1.81
All figures are in (Millions) 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 (Millions) Saudi Arabia, Riyals

Year-on-Year Performance Drivers

For the six-month period ending 30 June 2026, Saudi Tadawul Group's sales/revenue declined 4.636% YoY to SAR 617.1 million (from SAR 647.1 million), primarily driven by a 13.8% decrease in Capital Markets Segment revenues and a 5.1% decline in Post Trade Services Segment revenues, both attributable to a 9.1% decrease in average daily traded values, partially offset by an 11.8% increase in Data and Technology Services Segment revenues. Net profit after zakat fell 31.872% YoY to SAR 147.7 million (from SAR 216.8 million), as the revenue decline was compounded by a 10.0% increase in operating expenditures driven by higher depreciation and amortization expenses and investments in the Group's strategic growth plans.

Quarter-on-Quarter Performance Drivers

QoQ revenue rose 9.5% to SAR 322.6 million in Q2 2026 (from SAR 294.6 million in Q1 2026), driven by broad-based segment growth: Capital Markets Segment revenues increased 11.6%, Post Trade Services Segment by 8.7%, and Data and Technology Services Segment by 8.7%, all reflecting continued execution of the Group's strategic growth and revenue diversification plans. Net profit after zakat surged 65.6% QoQ to SAR 92.1 million (from SAR 55.6 million), primarily attributable to the 9.5% increase in operating revenues, which was further supported by a 7.8% rise in non-trading linked services revenues.

Other Items

The external auditor issued an unmodified conclusion with no additional comments, reservations, or other matters noted. Key financial metrics for the first half of 2026 include: gross profit of SAR 312.9 million (down 13.825% YoY from SAR 363.1 million), operational profit of SAR 109.7 million (down 40.926% YoY from SAR 185.7 million), EBITDA of SAR 185.7 million (down 20.7% YoY from SAR 234.3 million), earnings per share of SAR 1.23 (down 31.9% YoY from SAR 1.81), total comprehensive income of SAR 143.1 million (down 32.115% YoY from SAR 210.8 million), and total shareholders' equity (after deducting minority equity) of SAR 3,309.9 million (up 1.201% YoY from SAR 3,270.6 million). At the segment level, Capital Markets revenues reached SAR 170.2 million (down 13.8% YoY), partially offset by a 23.5% increase in membership services revenues; Data and Technology Services revenues reached SAR 133.3 million (up 11.8% YoY), driven by co-location services and Direct Financial Network Company revenues; and Post Trade Services revenues reached SAR 313.6 million (down 5.1% YoY), partially offset by a 9.8% increase in registry services revenues. Certain comparative figures have been reclassified to conform to the current period presentation. No material risks, going concern uncertainties, or debt covenant breaches were disclosed.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96996&anCat=1&cs=1111&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/18473_2583_2026-07-26_21-13-50_en.pdf

Important 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.