Riyadh – Mubasher: Alkhaleej Training and Education Company registered net profits worth SAR 1.96 million in the first quarter (Q1) of 2026.
The net income in January-March 2026 signaled a 72.51% decrease from SAR 7.16 million in the same quarter of 2025, according to the income statements.
The earnings per share (EPS) declined to SAR 0.03 in Q1-26 from SAR 0.11 in Q1-25.
The company generated revenue worth SAR 269.51 million in Q1-26, marking a year-on-year (YoY) plunge of 8.55% from SAR 294.73 million.
On a quarterly basis, Alkhaleej Training shifted to net profits in Q1-26 from net losses of SAR 19.06 million in Q4-25 and the revenue shrank by 17.03% from SAR 324.84 million.
As of 31 March 2026, the accumulated losses reached SAR 18.94 million, which accounted for 3% of the SAR 650 million capital.
The amount of the accumulated losses at the end of March 2026 retreated from SAR 20.91 million as of 31 December 2025.
In 2025, Alkhaleej Training reported net profits worth SAR 15.18 million and revenue of SAR 1.21 billion.
