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المدينة
Almalak Global Reports 25% Profit Rise
Ajmalik Global for Financing announced its financial results for the second quarter of 2026, achieving a net profit of 25.5 million SAR, reflecting a 25% increase compared to the same quarter of the previous year. Moreover, income from personal finance commissions rose by 32% to reach 109.5 million SAR, indicating improved operational performance and profitability efficiency. In the first half of the year, net profit grew by 28% to reach 41.3 million SAR, supported by a 4.3% growth in the financing and loan portfolio and a 24.1% increase in commission income to 203.9 million SAR, driven by re-pricing some products, enhancing the portfolio mix, and improving financing cost efficiency. The company also successfully sold a portion of its consumer finance portfolio to strengthen its financial resilience and support future growth plans, with a focus on digital diversification and technological transformation to achieve sustainable growth and create value for shareholders.
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