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Masar Q3 loss SAR25.3m
Al Masar Al Shamil Education Co. recorded a net loss of SAR 25.31 million in the third quarter of 2026, an increase of 29.45% year on year, compared with a profit of SAR 64.7 million in the second quarter. The company attributed the loss to the seasonal nature of tuition-fee revenue during the summer holiday, as well as SAR 4.5 million in expenses related to potential acquisitions, despite revenue rising 14% to SAR 54.5 million. In the first nine months of the year, net profit increased 31.65% to SAR 93.288 million.
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