Arabian Internet and Communications Services Company (solutions) announces its interim condensed consolidated financial results for the period ending on 30-06-2026 (six months)

Arabian Internet and Communications Services (solutions) reported a net profit of SAR 824 million for the first half of 2026, representing a 2.11% increase year-over-year, supported by total revenues rising 9.05% to SAR 6.24 billion.
Revenue growth was primarily driven by the Core ICT Services segment, which grew by 19.6% during the six-month period, alongside a 3.5% increase in IT Managed and Operational Services.
While quarterly gross profit surged by 20.1% to SAR 788 million, net profit growth was tempered by a SAR 72 million increase in operating expenses and a negative swing in other income due to the absence of last year's non-recurring fair value gains and lower finance income.
Operational performance remained robust with six-month EBITDA rising 12.4% to SAR 1.09 billion, while total shareholders' equity increased by 15.37% year-over-year to reach SAR 4.15 billion.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	3,240	2,902	11.647	3,002	7.928
Gross Profit (Loss)	788	656	20.121	586	34.47
Operational Profit (Loss)	506	446	13.452	399	26.817
Net Profit (Loss) Attributable to Shareholders of the Issuer	453	446	1.569	370	22.432
Total Comprehensive Income Attributable to Shareholders of the Issuer	476	424	12.264	332	43.373
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	6,243	5,725	9.048
Gross Profit (Loss)	1,374	1,272	8.018
Operational Profit (Loss)	905	817	10.771
Net Profit (Loss) Attributable to Shareholders of the Issuer	824	807	2.106
Total Comprehensive Income Attributable to Shareholders of the Issuer	808	777	3.989
Total Shareholders Equity (after Deducting Minority Equity)	4,151	3,598	15.369
Profit (Loss) per Share	6.92	6.78
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The increase in revenues for the current quarter by 11.7% as compared to the comparable quarter of last year was mainly due to the increase in each of Core ICT Services by 28.6% and IT Managed and Operational Services by 3.3%.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The increase in net profit for the current quarter by SAR 7 million as compared to the comparable quarter of last year was mainly due to: - The increase in gross profit by SAR 132.0 million, as a result of the increase in revenues by SAR 338.6 million which was offset by an increase in cost of revenues by SAR 206.6 million. On the other side: - Operating expenses increased by SAR 72 million, as a result of the increase in each of general and administration expenses by SAR 29 million, and selling and distribution expenses by SAR 43 million. - The recording of total other income\(expenses) in an amount of SAR (27) million as compared to SAR 23 million, mainly due to non-recurring fair value gain in the comparable quarter of last year and lower finance income in the current quarter. - Zakat and tax charge increased by SAR 4 million.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in revenues for the current quarter by 7.9% as compared to the previous quarter was mainly due to the increase in Core ICT Services by 23.2%.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The increase in net profit for the current quarter by SAR 83 million as compared to the previous quarter was mainly due to: - The increase in gross profit by SAR 202 million, as a result of the increase in revenues by SAR 238 million, which was offset by an increase in cost of revenues by SAR 36 million. - The decrease in zakat and tax charge by SAR 12 million. On the other side: - Operating expenses increased by SAR 94.6 million, as a result of the increase in selling and distribution expenses by SAR 96.3 million, despite the decrease in general and administration expenses by SAR 1.7 million. - The recording of total other income\(expenses) in an amount of SAR (27) million as compared to SAR 10 million, mainly due to the increase in net other expenses in the current quarter.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The increase in revenues for the current period by 9.0% as compared to the same period of last year was mainly due to the increase in each of Core ICT Services by 19.6% and IT Managed and Operational Services by 3.5%.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The increase in net profit for the current period by SAR 17 million as compared to the same period of last year was mainly due to: - The increase in gross profit by SAR 101.3 million, as a result of the increase in revenues by SAR 517.2 million, which was offset by an increase in cost of revenues by SAR 415.9 million. On the other side: - Operating expenses increased by SAR 12.9 million, as a result of the increase in general and administration expenses by SAR 18.4 million, despite the decrease in selling and distribution expenses by SAR 5.5 million. - The recording of total other income\(expenses) in an amount of SAR (16) million as compared to SAR 43 million, mainly due to non-recurring fair value gain in the same period of last year and lower finance income in current period. - Zakat and tax charge increased by SAR 9 million.
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)	-
Reclassification of Comparison Items	-
Additional Information	Earnings before interest, taxes, zakat, depreciation and amortization (EBITDA) for the current quarter amounted to SAR 597 million as compared to SAR 521 million for the comparable quarter of last year, with an increase of 14.6%. and for the 6 months period amounted to SAR 1,089 million as compared to SAR 969 million for the same period of last year with an increase of 12.4%. Basic earnings per share (EPS) was calculated based on the weighted average number of ordinary traded shares which stands at 119,053 shares (in thousand) for the six-months period ended in 30th June 2026.