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Mahara subsidiary gets Saudi Systems' financials
Mahara Human Resources Company, through its investment arm, Masar Growth for Investment, which is 100% owned by it, has released the audited financial statements for Saudi Systems Health Company for the fiscal year ended December 31, 2025, along with the preliminary unaudited financial statements for the third quarter of 2025. The company recorded revenues of 1.046 billion SAR in 2025, with a net profit of 174.85 million SAR. In the third quarter alone, it achieved revenues of 275.03 million SAR and a profit of 42.34 million SAR. The company will incorporate its share of the results of the associate company into its financial statements for the third quarter of 2026, using the equity method, with a possible restatement of some prior periods in accordance with accounting standards. The company will announce the financial impact and further details upon releasing its financial results for the third quarter of 2026.
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