Multibusiness profits rise 33% in H1 2026
The diversified Group of Companies experienced a 32.95% increase in profits during the first half of 2026, with net profit reaching 5.785 million SAR compared to 4.351 million SAR in the same period of the previous year, despite a 7.56% decline in revenue to 70.08 million SAR. This growth was driven by improved profit margins resulting from increased contributions from high-margin projects, enhanced cost structure, and higher other revenues, leading to an increase in gross profit margin to 13.25%.
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