19 Hrs
Source:
الاقتصادية
Al Malakiya Finance profit up 25% in Q2
Amalk Global Saudi Finance Company Achieves 25% Increase in Profit for Q2 2026 Amalk Global Saudi Finance Company recorded a 25% increase in profits during the second quarter of 2026, reaching 25.5 million SAR compared to 20.4 million SAR in the same period last year. This improvement was driven by a 32% rise in net income from proprietary financings, which reached 109.5 million SAR, along with a 4.3% growth in the financing and loan portfolio. Additionally, profits for the first half of the year increased by 28%, totaling 41.3 million SAR. The company's focus remains on enhancing profitability efficiency, re-pricing products, and diversifying funding sources, all of which strengthen its financial flexibility and contribute to sustainable growth.
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