SANAM Group Achieves Record KD 2 Million Profit in FY2025, Approves AGM Resolutions
Kuwait City: SANAM Group Holding Company (K.P.S.C) convened its Annual Ordinary General Assembly Meeting (AGM) for the financial year ending December 31, 2025, with a shareholder attendance of 67.97%. During the meeting, shareholders unanimously approved all agenda items, including the endorsement of the financial statements for FY2025.
This approval follows SANAM’s most robust financial performance in its 44-year history. The Group reported a net profit of KD 2,017,837 for FY2025, reflecting a remarkable year-on-year increase of 96.4%. This marks the highest earnings the Group has recorded since its inception. Earnings per share rose to 10.66 fils, up from 6.65 fils in the previous year. The financial results demonstrated significant growth across key indicators, with total assets increasing to over KD 25.5 million from KD 12.2 million at the end of the previous year, representing a growth rate of 109%. This underscores the expansion of the Group’s asset base and the fortification of its financial standing.
Strategic Vision and Transformation
Mr. Waleed Hamad Al-Sumait, Chairman of the Board of Directors of SANAM Group, emphasized that the FY2025 results reflect the strength of the Group’s strategic approach and its capability to translate its vision into concrete financial and operational outcomes. He noted that achieving the highest profit in the Company’s history, coupled with substantial asset growth, reinforces the soundness of the foundations on which SANAM operates. This, he hopes, will further bolster shareholders’ confidence in the Group’s ability to generate sustainable value.
Mr. Al-Sumait also highlighted that 2025 marked a pivotal chapter in SANAM’s journey of over four decades. The Group successfully completed its transformation plan by converting to a Sharia-compliant holding company structure and executed a capital increase that was oversubscribed by 618%. These milestones signify a new era for SANAM, characterized by investment discipline, an expanding asset base, and a growing presence in high-potential sectors across Kuwait and the GCC.
Focus on Growth Sectors
Dr. Sulaiman Tareq Al Abduljader, Deputy Chairman and Group Chief Executive Officer, stated that the FY2025 results are a direct reflection of the success of the Group’s transformation plan, which aims to establish a leading regional platform for alternative investments in the GCC. Throughout the year, SANAM undertook a series of strategic initiatives that reinforced its position in sectors with strong growth fundamentals, particularly in healthcare, education, and industrial sectors.
Dr. Al Abduljader added that the transformation plan has been successfully completed, and preparations for a five-year growth plan are underway. This plan will be presented to the Board of Directors for approval in the second quarter of this year. The Group continues to operate with a clear vision focused on sustainable growth, maximizing returns for shareholders, and building an investment portfolio capable of generating long-term value.
Key Strategic Milestones
FY2025 was marked by several significant strategic milestones for SANAM. The Group completed its conversion to a Sharia-compliant holding company—a landmark achievement in its history—and successfully concluded a capital increase that was oversubscribed by 618%, reflecting strong investor confidence. On the investment front, SANAM acquired a 24% stake in Al-Wataniya Medical Company for Consumer Industries in Kuwait, a market leader in consumer goods, food services, and medical consumables since 1989.
Regionally, the Group acquired a 54% stake in EDEX Company in the Kingdom of Bahrain, which operates in the education sector and owns a school in the UAE. Additionally, SANAM secured a 65% stake in an education company in Saudi Arabia, which owns two schools in Riyadh. These investments are part of an ambitious expansion plan across GCC markets.
AGM Resolutions and Future Plans
The AGM also approved several reports, including the Board of Directors’ Report, the Governance Report, the Audit Committee Report, the External Auditor’s Report, and the Sharia Supervisory Board Report, along with the Company’s audited financial statements for the year ended December 31, 2025. Shareholders agreed to transfer 10% of annual profits to both statutory and voluntary reserves, approved the remuneration for Board members for FY2025, and authorized the Board to conduct related-party transactions until the next AGM. Furthermore, the Board was authorized to purchase or sell up to 10% of the Company’s shares in accordance with Law No. 7 of 2010. Board members were also discharged from liability concerning FY2025, and the external auditor and Sharia Supervisory Board were appointed for FY2026.
SANAM Group is currently preparing its five-year growth plan, which will be presented to the Board for approval in the second quarter of 2026. The plan aims to continue the Group’s regional expansion across its strategic investment pillars of healthcare, education, industrial, and real estate, further solidifying SANAM’s position as a leading platform for alternative investments in the GCC.
About SANAM Group Holding Company
SANAM Group Holding Company (K.P.S.C) is a public shareholding company headquartered in Kuwait, established in 1982 and listed on the Kuwait Stock Exchange in 2004. The Company’s issued and paid-up capital is KD 22,050,000, which increased to KD 23,152,500 following the issuance of bonus shares. The Group focuses on strategic investments in healthcare, education, industrial, and real estate sectors across the GCC, partnering with leading companies to create added value for shareholders and serve the community.
For investor inquiries:
SANAM Group Holding Company | Email: info@sanam.com | www.sanam.com
For media inquiries:
SANAM Group Holding Company – Corporate Communications | Email: info@sanam.com
Source: www.zawya.com
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Published on 2026-05-03 18:17:00 • By the Editorial Desk
