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Marble Design H1 Profit Falls 9.18%
Marble Design Factory Company announced its financial results for the first half of 2026, recording a net profit of 7.02 million Saudi Riyals, a decrease of 9.19% compared to the previous year. This decline was due to reduced demand for its products, despite nearly stable revenues of 22.32 million Riyals. The drop in profits was driven by lower demand and its impact on profit margins, along with an increase in other expenses. Nevertheless, shareholders' equity rose by 10.62% to 102.87 million Riyals, reflecting the company's strengthened capital base and enhancing its ability to meet future challenges.
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