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معلومات مباشر
Source: معلومات مباشر
11 Hrsمعلومات مباشر
Source: معلومات مباشر
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Al Hassan Ghazi Ibrahim Shaker Company’s profit fell 65.7% year on year in the third quarter of 2026 to SAR 6.12 million, from SAR 17.82 million in the same period a year earlier, despite a 2.7% increase in revenue to SAR 354.1 million. The company attributed the decline in profitability to a lower contribution from high-margin project sales and narrower margins, as well as higher logistics costs and selling and distribution expenses. Operating profit also fell 54.6% to SAR 9.71 million. Quarter on quarter, net profit rose 15.1% from the second quarter, supported by higher revenue and operating profit and lower financing costs.
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