Earnings Report
NAEEM Holding For Investments
1. Company Overview & Earnings Context
Al Naeem Holding Company for Investments (NAHO) reported a wider Q1 2026 net loss as weaker investment performance, fair value losses, and higher operating expenses weighed on profitability during the quarter. The Group operates across brokerage, financial services, investment management, mortgage finance, real estate, and investment fund activities across regional markets.
The company continues focusing on restructuring investments, managing real estate assets, and improving operational efficiency amid ongoing market volatility.
2. Financial Performance Snapshot
Revenue from commissions & management services: USD 2.07M
Net operating revenue: USD 1.19M
Operating loss: USD 0.34M
Net loss before taxes: USD 1.08M
Net loss after taxes: USD 1.11M
Net loss attributable to shareholders: USD 1.15M
Loss per share: USD 0.0034
Compared to Q1 2025:
Net loss attributable to shareholders widened from approximately USD 0.54M to USD 1.15M
Total comprehensive loss increased to USD 1.68M
3. Operational Highlights & Key Metrics
Total assets: USD 157.6M
Total equity: USD 123.6M
Cash & cash equivalents: USD 3.27M
Investments at FVOCI: USD 76.23M
Investments at FVTPL: USD 5.08M
Goodwill: USD 19.67M
Projects under construction: USD 342.9K
Additional highlights:
Quoted and unquoted investments remained the Group’s largest asset category
Real estate development and Smart Village projects continued progressing
Investment portfolio included brokerage, real estate, and financial services subsidiaries across multiple markets
4. Key Performance Drivers
Fair value losses on financial investments negatively impacted profitability
Higher general and administrative expenses pressured earnings
Decline in gains from investment activities weighed on overall performance
Operating revenues remained relatively stable despite market volatility
Foreign currency translation losses impacted comprehensive income
The Group also recorded:
USD 0.84M loss from fair value changes on investments through profit or loss
USD 0.16M finance costs during the quarter
5. Outlook & Forward Guidance
Continued focus on investment portfolio optimization and operational restructuring
Ongoing management of real estate projects and investment assets
Management remains focused on improving liquidity and recurring income streams
The Group continues monitoring regional financial market conditions and investment opportunities
NAHO aims to strengthen brokerage, investment banking, and real estate operations across its subsidiaries
The Group also continues expanding and managing its diversified subsidiaries operating across brokerage, investment funds, mortgage finance, and real estate activities.
6. 🧾 Investor Takeaway
Al Naeem Holding reported a wider Q1 2026 loss as weaker investment performance, fair value losses, and higher operating expenses offset recurring revenue contributions from brokerage, investment management, and financial services operations.