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الاقتصادية
Katrion's profits fall 27% amid regional unrest
Catron Catering Company's profits declined by 27% in Q2 2026, reaching 47.5 million riyals, due to regional conditions that led to a decrease in flights and air catering. Additionally, there was an increase in financing costs and a decline in deposit interest earnings. It is noteworthy that revenues rose by 20.5% to 688 million riyals, driven by growth in non-aviation service revenues and the company's acquisition of a stake in a hospitality company. The company announced a cash dividend of 82 million riyals for the first half of the year, along with contracts exceeding 300 million riyals with Saudi Airlines andflynas. Its activities are primarily focused on catering services for airports, tourism, and healthcare companies within Saudi Arabia.
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