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Al-Hasoub reports 50.4% profit increase H1 2026
Al-Hasoob Trading Company announced its preliminary financial results for the first half of 2026, recording a 50.45% increase in net profit to reach 2.87 million riyals, compared to 1.91 million riyals in the same period of the previous year. The growth was mainly driven by the expansion of external sales, which doubled to 64.3 million riyals, thereby strengthening the company's international market share. Total revenues also rose to 153.37 million riyals, an increase of 20.68%. This resulted in higher gross profit and operating profit, with earnings per share increasing to 1.03 riyals and shareholders’ equity growing by 17.97% to 50.53 million riyals.
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