The share of Tamkeen for Human Resources listed and traded in the Saudi market, “Tadawul”, increased by 7.94% during Sunday’s trading, to trade at 57.10 riyals per share, achieving the largest daily gains in 17 months.
The trading on the share of the Human Resources Company at that time came through 529.04 million shares with a value of trading 30.20 million riyals.
The highest price for the stock was at that time at 57.90 riyals, while the lowest price was at 56.10 riyals.
The stock touched the highest price in a year, 5 months and 13 days.
The initial financial statements of the Tamkeen Human Resources Company showed that they can registrate growth in its net profit during the second quarter of 2025 by 44.4 percent on an annual basis, and the net profit increased on a quarterly basis by 3.85 percent.
The net profit after zakat and tax amounted to 27 million riyals, compared to 18.7 million riyals in the comparative quarter of last year, while the company recorded in the first quarter of this year a net profit of 26 million riyals.
The empowerment of the net profit in the second quarter attributed to the increase in the group’s revenues by 56.6 percent compared to the same quarter of the previous year and the overall profit increased by 44.0 percent as a result of the improvement of the performance of the companies and companies ’subsidiary and the individual sector, as the revenues of the companies and subsidiaries sector increased by 74.7 percent, which led to the total profit growth of this sector by 45.7 percent and the individuals sector increased in an increase in The total profit is 35.0 percent.
The operating profit recorded a rise of 58.0 percent compared to the second quarter of the previous year despite the increase in administrative, public and marketing expenses by 4.6 percent, in addition to that the expected credit losses of 3.7 million Saudi riyals increased based on the expected credit loss model prepared by the external advisor in line with the rise in commercial city receivables as a result of increasing revenues.
