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معلومات مباشر
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معلومات مباشر

2026-11-02T14:09:01.250Z

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Al Majed Oud profit rises

Al Majed Oud profit rises

Al Majed Oud Company’s net profit rose 50.5% in the third quarter of 2026 to SAR 45.3 million, compared with SAR 30.1 million in the same period a year earlier. Sales increased 26.2% to SAR 293.3 million, supported by branch expansion, online sales and the launch of new products. The company also attributed profit growth to tighter control of operating expenses and improved investment returns.

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