Horizon Educational Company announced significant growth in its financial results for the first half of the 2025-2026 fiscal year, with net profits jumping 68.4% to SAR 7.8 million, compared to SAR 4.6 million in the same period last year. This strong financial performance reflects the success of the company's expansion strategies and its ability to attract more students, further solidifying its position as a key player in the Kingdom's private education sector.
Background of growth in the Saudi education sector
This growth cannot be viewed in isolation from the broader context of the education sector in Saudi Arabia. Within the framework of Saudi Vision 2030, education is a top priority, considered the cornerstone of human capital development and the building of a knowledge-based economy. The government has encouraged investment in private education by providing a supportive regulatory environment and offering incentives to investors, aiming to improve the quality of educational outcomes and provide diverse options that meet the aspirations of Saudi families. This trend has led to increased demand for private schools offering advanced curricula and modern learning environments, a trend that has benefited leading companies like Horizon Education.
Reasons for growth and its strategic impact
According to the official statement published by the company on the Saudi Stock Exchange (Tadawul) website, this significant increase in profits is primarily attributed to two main factors: First, the opening of a new branch in the Dhahrat Laban district, representing a well-planned geographical expansion targeting areas with increasing population density. Second, the increased number of students enrolled in the Al-Wurud branch demonstrates the company's strong reputation and the trust it enjoys among parents. These factors combined not only contribute to increased revenue but also reflect operational efficiency and the ability to effectively manage growth.
Economic importance and future prospects
Domestically, these positive results bolster investor confidence in the company's stock and underscore the viability of its investments. They also contribute to the growth of the local economy by creating new job opportunities in the education sector. Regionally, the success of Horizon Education highlights the promising opportunities within the Gulf education sector and provides a model for sustainable growth in non-oil service sectors. The company is expected to continue its expansion trajectory, capitalizing on the increasing demand for quality education, which bodes well for the company and its shareholders and strengthens its role in achieving national development goals.
