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Zisco Holding profits rise 196% in Q2 2026
Cisco Holding Company announced a 196% increase in its profits for the second quarter of 2026, with net profit reaching 59.2 million riyals compared to 20 million riyals in the same period of the previous year. Revenues also surged by 129.79% to 722.7 million riyals, driven by strong growth in the ports and logistics services sector, despite rising operational expenses and financing costs. For the first half of 2026, net profit grew by 91.05% to 85.4 million riyals, while revenues increased by 74.52% to 1.16 billion riyals, due to the robust performance of the ports sector and the company's acquisition of a ports and storage services company.
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