Ezmar Q2 Losses Drop 76%

Emaar The Economic City reduced its losses in the second quarter of 2026 by 76.34% year-over-year, reaching 22 million SAR compared to 93 million SAR in the same period of 2025. The increase in revenues and the decrease in operating expenses, especially high financing costs resulting from debt restructuring, contributed to the reduction in losses. Additionally, the company recorded an increase in other operating revenues due to the sale of an investment property, and its losses for the first half of 2026 declined by 6.02% year-over-year.

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