Maharah

Maharah Human Resources Company’s net income rose 56% y-o-y to SAR 272.8 mn in 2025, driven by higher revenue, improved margins, lower provisions, and a one-off SAR 105 mn gain from the sale of its stake in Care Shield Holding, it said in an earnings release (pdf). Revenue climbed 39% y-o-y to SAR 3.1 bn over the year, supported by strong demand across key segments — corporate services (up 50%) and individual services (up 15%) — alongside a 23% increase in average workforce deployed.

Dividends: The company distributed SAR 67.5 mn in dividends for 2025 at SAR 0.15 apiece.

Cenomi Centers

Cenomi Centers posted a 4.2% y-o-y increase in net income to SAR 1.3 bn in 2025, supported by ins. proceeds and a gain from the sale of Al Kharj land, it said in an earnings release (pdf). However, 2024 was weighed down by one-off financing write-offs and higher impairments, leaving underlying net income for 2025 broadly flat (up 0.3%). Revenue fell 2.4% y-o-y to SAR 2.3 bn in 2025, mainly due to the prior-year inclusion of Dhahran Mall, while on a like-for-like basis, revenue rose 5.5%.

Najran Cement

Najran Cement’s net income dropped 46.3% y-o-y to SAR 36.7 mn in 2025, which it attributed to lower revenues and higher cost of production inputs, it said in a disclosure to Tadawul. Its topline declined 3.4% y-o-y to SAR 516.1 mn during the year on the back of drops in sales prices and volumes.

Also, Najran Cement secured a SAR 49 mn facility from Saudi National Bank to back its electrical grid connection project, it said in a separate disclosure. The facility will be repaid over two years.

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