| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue for Q1 2026 dipped 1% to SAR1,089 million, as growth in Portman Travel Group was offset due to the geopolitical conditions that affected revenues of Almosafer, Lumi and hospitality business. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Seera recorded a net income of SR 42 million in Q1 2026, representing a 13.5% year-on-year increase, driven by growth in Portman Travel Group, and contribution from income generated through the management of corporate investment activities. Adjusted for one-off items in Q1 2025, net profit after NCI increased by 70% year-on-year |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue for Q1 2026 grew 8.7% SR1,089 million as compared to Q4 , 2025, as growth in Portman Travel Group and Hospitality segment. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Seera recorded a net income of SR 42 million in Q1 2026, representing a 250% growth against the previous quatrter, driven by growth in Portman Travel Group and contribution from income generated through the management of corporate investment activities. Adjusted for one-off items in Q42025, net profit after NCI increased by 100% from previous quarter. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | None |
| Additional Information | For additional information, please refer to the attached earnings release. |
| Attached Documents | Attached Documents |
