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Al Wataniya Construction profits rise 82% in H1 2026
The National Construction and Marketing Company achieved a record-breaking increase in profits during the first half of 2026, with net profits rising by 82.47% to reach 13.27 million riyals, compared to 7.27 million riyals in the same period of the previous year. The boost in financial performance was supported by increased sales and improved profit margins in the steel and information technology sectors. Revenue grew by 4.36% to approximately 430.8 million riyals. Additionally, shareholders' equity increased by 4.28% to around 364.95 million riyals, and earnings per share rose to 1.08 riyals from 0.61 riyals last year, reflecting the company's ability to manage costs and achieve financial growth.
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