StocksMedium•11 November 2026•
1 min read
Almasar Alshamil 9M Profits Jump 36% to SAR 109 Million
Key Facts
1Almasar Alshamil reported a 36% year-on-year increase in adjusted net profit to SAR 109.0 million for the first nine months of 2026.
2The company's revenue rose by 21% to reach SAR 405.5 million during the nine-month period.
3Adjusted EBITDA grew by 37% to SAR 178.7 million.
Almasar Alshamil reported a 36% year-on-year increase in adjusted net profit to SAR 109.0 million for the first nine months of 2026. Reuters reported that the company's revenue rose by 21% to reach SAR 405.5 million during the period ending September 30, 2026.
Adjusted EBITDA grew by 37% to SAR 178.7 million, driven by strong operational performance across the group's assets. Almasar Alshamil Chairman Shamsheer Vayalil stated that the results reflect the strength of the company's diversified education platform and sustained demand within the higher education and special needs care segments.