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Wajad Al-Hayat reports 95% profit increase in H1 2026
Vujud Al-Hayat Trading Company announced a significant increase in its net profits during the first half of 2026, recording a profit of 3.95 million riyals, an increase of 95.25% compared to the same period of the previous year. Its revenues also rose by 17.34% to reach 45.63 million riyals, supported by a 24.5% growth in the operations and maintenance sector, along with the management’s success in reducing general and administrative expenses by 20%. The total shareholders’ equity increased by 17.49% to 26.6 million riyals, and earnings per share rose to 0.32 riyals. The results indicate strong financial performance and a notable rise in profits and revenues, with the stability of the financial statements remaining intact.
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