Tasheel reports a profit decline to 48.22 million riyals in Q2 2026

Tasihel's profits declined by 20.3% in the second quarter of 2026, reaching 48.22 million SAR, compared to 60.49 million SAR in the same period of the previous year, due to slowing growth in the loan portfolio and market conditions. Despite this, revenues increased by 6.54% to 204.98 million SAR, with the loan portfolio growing by 13.6% to reach 3.2 billion SAR. In the first half of the year, the company recorded a net profit of 112.6 million SAR, a decrease of 4.8% compared to the same period of the previous year.

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