• 10 Aug 2026
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 1,253 1,208 3.725 1,089 15.059
Gross Profit (Loss) 509 446 14.125 462 10.173
Operational Profit (Loss) 126 60 110 88 43.181
Net Profit (Loss) Attributable to Shareholders of the Issuer 80 3 2,566.666 42 90.476
Total Comprehensive Income Attributable to Shareholders of the Issuer 96 12 700 24 300
All figures are in (Millions) Saudi Arabia, Riyals

 

Element List Current Period Similar period for previous year %Change
Sales/Revenue 2,342 2,312 1.297
Gross Profit (Loss) 972 919 5.767
Operational Profit (Loss) 214 149 43.624
Net Profit (Loss) Attributable to Shareholders of the Issuer 122 40 204.999
Total Comprehensive Income Attributable to Shareholders of the Issuer 120 52 130.769
Total Shareholders Equity (after Deducting Minority Equity) 5,882 5,770 1.941
Profit (Loss) per Share 0.448 0.14
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

 

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 Q2 2026 increased by 4% year-on-year to SAR 1,253 million, Quarterly growth was driven by record revenue in Almosafer along with growth in Hospitality.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Net profit after NCI increased to SAR 80 million in Q2 2026, compared with SAR 3 million in Q2 2025, primarily driven by stronger profitability at Almosafer including non-recurring gains from Careem holdbacks and asset divestment gains.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Revenue for Q2 2026 increased by 15% vs the previous quarter. Quarterly growth was driven by record revenue in Almosafer along with growth in Hospitality as a result of Hajj and Ramadan season.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Net profit after NCI increased to SAR 80 million in Q2 2026 as compared to SAR 42 million in Q1 2026, primarily driven by stronger profitability at Almosafer, including non-recurring gains from Careem holdbacks and asset divestment gains.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is Revenue for the current period increased by 1% year-on-year to SAR 2,342 million; H1 2026 record growth at Almosafer and growth in Portman Group.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Net profit after NCI increased to SAR 122 million during the current period, compared with SAR 40 million during the prior period of 2025, primarily driven by stronger profitability at Almosafer including non-recurring gains from Careem holdbacks and asset divestment gains.
Statement of the type of external auditor’s report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) The auditor’s report includes an "Other Matter" paragraph stating that the financial statements for the year ended 31 December 2025 were audited by another auditor, who expressed an unmodified opinion thereon, and that the interim condensed financial statements for the three-month and six-month periods ended 30 June 2025 were reviewed by another auditor, who expressed an unmodified conclusion thereon.
Reclassification of Comparison Items Certain comparative figures have been reclassified to conform with the current period presentation.
Additional Information For additional information, please refer to the attached earnings release.
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