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معلومات مباشر
Source: معلومات مباشر
19 Hrsمعلومات مباشر
Source: معلومات مباشر
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Saudi Real Estate Company’s net profit fell 20.6% year on year in the third quarter of 2026 to SAR 30.9 million, compared with SAR 38.9 million, and declined 70.1% from the previous quarter. The company attributed the year-on-year decrease to a roughly SAR 16 million drop in gross profit and an approximately SAR 11 million decline in its share of profits from associates and a joint venture. The decrease was partly offset by a roughly SAR 12 million reduction in general and administrative expenses. Revenue also fell 10.35% to SAR 367.3 million, affected by lower revenue from property sales.
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