| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 310,191,111 | 311,785,769 | -0.511 | 294,898,470 | 5.185 |
| Gross Profit (Loss) | 61,164,418 | 73,796,509 | -17.117 | 55,910,592 | 9.396 |
| Operational Profit (Loss) | 46,848,992 | 51,261,468 | -8.607 | 22,730,850 | 106.103 |
| Net profit (Loss) | 26,163,088 | 26,375,140 | -0.803 | 7,034,306 | 271.935 |
| Total Comprehensive Income | 25,663,799 | 34,694,061 | -26.028 | 8,561,606 | 199.754 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 893,043,645 | 848,163,048 | 5.291 |
| Gross Profit (Loss) | 171,524,009 | 165,683,720 | 3.524 |
| Operational Profit (Loss) | 92,677,195 | 163,796,993 | -43.419 |
| Net profit (Loss) | 34,243,258 | 94,257,913 | -63.67 |
| Total Comprehensive Income | 34,797,826 | 87,389,506 | -60.18 |
| Total Shareholders Equity (after Deducting Minority Equity) | 556,970,926 | 542,903,242 | 2.591 |
| Profit (Loss) per Share | 0.53 | 1.45 | |
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue for the current quarter recorded a slight decline compared to the same quarter of the previous year, reaching SAR 310.2 million versus SAR 311.8 million, a decrease of 0.5%. This performance reflects the Group’s ability to maintain stable revenue levels across its key operating segments—particularly the Education and Contact Center segments—despite some minor changes in short-term contracts during the period. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The Company’s net profit for the current quarter decreased by SAR 1 million, reaching SAR 26 million compared to SAR 27 million in the corresponding quarter of the previous year. This decline is primarily due to the completion of certain projects and their replacement with new projects that have a different cost-of-revenue structure, which impacted the revenue mix and profit margins during the period. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The Company’s revenue for the third quarter of 2025 increased by SAR 15.3 million (+5%) to SAR 310.2 million, compared to SAR 294.9 million in the second quarter of 2025. This growth was driven by the Contact Center segment (contract renewals and new client acquisitions), improved performance in the Schools segment at the beginning of the academic year, and a recovery in the Training segment following the end of the seasonal slowdown. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The Company’s net profit for the third quarter of 2025 increased, driven by: |
1-Revenue growth of approximately 5% to SAR 310.2 million, which led to an improvement in gross profit;
2-A significant increase in other income from the sub-lease contract, rising to SAR 22.7 million compared to SAR 4.1 million in the previous quarter; and
3-The absence of the professional and advisory expenses related to the acquisition transaction that were recorded in the previous quarter.
This improvement came despite an increase in general and administrative expenses by around SAR 7 million during the current quarter.
•A drop in other income of SAR 61.6 million, due to the non-recurrence of one-off items recorded in the comparative period.
•Professional and advisory expenses related to acquisition transactions amounting to SAR 7.7 million, which were not incurred last year.
•Net losses and provisions on financial assets of approximately SAR 1.2 million, compared to an immaterial impact in the prior year.
•The absence of impairment gains/reversals, which amounted to SAR 12.8 million in 2024.
On the other hand, several positive factors helped offset part of the impact:
•Revenue growth of SAR 44.9 million (+5%) and an improvement in gross profit of SAR 5.8 million.
•A decrease in general and administrative expenses by SAR 8.4 million (-9%).
•An improvement in Zakat expense by SAR 5.8 million (a minimal charge this year compared to a higher charge last year).
2- Al Khaleej is pleased to announce to its esteemed shareholders that, by the grace of God, the previously recorded accumulated losses have been fully covered, and the balance of accumulated profits now stands at SAR 6.6 million.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.