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معلومات مباشر
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معلومات مباشر

2026-11-08T15:15:04.550Z

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Knowledge City profit up

Knowledge City profit up

Knowledge Economic City Company’s net profit surged 253% in the third quarter of 2026 to SAR 99.68 million, compared with SAR 28.239 million in the same period last year. The company also swung from a loss of SAR 12.9 million in the previous quarter. It attributed the increase to improved profit margins on residential projects and the sale of a plot of land, while sales rose 98.75% to SAR 245.1 million. In the first nine months of the year, the company posted a net profit of SAR 71.34 million, compared with a loss of SAR 26.7 million in the same period of 2025.

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