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Rasan Information Technology Company’s net profit rose 34.02% year on year in the third quarter of 2026 to approximately SAR 110 million, compared with SAR 82 million in the same period last year. It also increased 29% from the second quarter. The company attributed the growth to a 40% increase in revenue, supported by a rise in insurance policies, the acquisition of new customers, improved customer retention, and contributions from new products. Gross profit margin reached 64%, while operating profit was up 32% year on year. For the first nine months of 2026, net profit rose 93% to SAR 284 million, with revenue growing 64% and profit margins improving.
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