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Abu Moati profits rise 11.2% to 24.6M

Abu Moati profits rise 11.2% to 24.6M

Abdullah Saad Muhammad Abu Moati Bookstores achieved annual profits of 24.61 million riyals for the fiscal year ending March 31, 2026, representing an 11.21% increase compared to the previous year, despite a 3.92% decline in revenues to 259.53 million riyals. Improved operational performance and increased operational efficiency led to higher operating profits and total comprehensive income, along with a decrease in selling and marketing expenses. The company also recorded an increase in earnings per share to 1.23 riyals.

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