| Market: Tadawul | Symbol: 1831 | ISIN: SA14QH2GSJH8 | Industry: Manpower Service |
Maharah Human Resources Company was established with the ministerial decree, dated 02/04/1434 AH (corresponding to 02/13/2013). MHRC is one of the leading providers of ‘Manpower Services’ in the Human Resources Sector.
The Company is licensed by the Ministry of Human Resources and Social Development to source and recruit high-quality ‘manpower’ for both corporate and household customers.
Maharah also aims to strengthen its international relations in steady and constant fulfillment of corporate and retail needs. MHRC follows the highest International Standards in caring for their valued employees by ensuring the rights of expatriates and the elimination of all illegal employment that impact the security and stability of the kingdom.
The Company provides a wide range of workforce services in various sectors-more than 200 occupations-, including medical - banking - industrial - energy and petrochemicals - contracting - commercial - retail - hospitality - restaurants, and cafes - amongst many others.
The professions offered by the company cover a whole range of skills including doctors, nurses, marketing specialists, sales professionals, financial analysts, computer programmers, systems analysts, technicians, servants, drivers, and housemaids.
The future strategic aims are to proffer other Human Resources Services aiming to become a fully-fledged human resources company equipping by comprehensive and integrated human capital solutions as per international standards.
| Share data | 01/05/2025 | ||
| Currency | SAR | Volume | 885,170 |
| Previous Close | 5.71 | Number of Shares (mln) | 475.00 |
| Change (%) | -0.52 | Market Cap (mln) | 2,712.25 |
| Key Figures (SR'000) | HY2023 |
2023 |
HY2024 |
2024 |
|---|---|---|---|---|
| Consolidated Statement of Income | ||||
| Revenue | 924,622 |
1,890,019 |
1,055,622 |
2,235,431 |
| Gross profit | 121,686 |
244,275 |
133,530 |
258,624 |
| Operating profit | 62,309 |
112,962 |
73,826 |
154,890 |
| Profit for the period | 66,767 |
98,237 |
100,485 |
126,826 |
| Profit for the period attributable to shareholders of the Company | 67,373 |
100,226 |
101,141 |
127,482 |
| Consolidated Statement of Financial Position | ||||
| Total assets | 1,760,575 |
1,746,979 |
1,831,934 |
1,870,286 |
| Total liabilities | 1,123,821 |
1,180,737 |
1,196,352 |
1,245,168
|
| Total equity | 636,753 |
566,242 |
635,582 |
625,118 |
| Consolidated Statement of Cash Flows | ||||
| Net cash flows generated from operating activities | 112,764 |
148,782 |
(13,388) |
71,109 |
| Net cash flows used in investing activities | (118) |
(14,217) |
42,997 |
(25,995) |
| Net cash flows used in financing activities | (62,157) |
(139,160) |
(42,360) |
(90,375) |
| Cash and cash equivalents at end of the period | 134,063 |
78,979 |
66,228 |
33,718 |
| Key Indicators | ||||
| Basic and diluted earnings per share (SR) | 0.15 |
0.22 |
0.22 |
0.28 |
