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الاقتصادية
Al Malka Global Finance Sees 25% Q2 Profit Rise
Amak Real Estate Finance Company in Saudi Arabia achieved a 25% increase in net profits for the second quarter of 2026, recording 25.5 million riyals compared to 20.4 million riyals in the same period of the previous year. Additionally, net specialized financing commissions grew by 32% to reach 109.5 million riyals, with first-half net profits rising by 28% to 41.3 million riyals. This performance was driven by product re-pricing, an improved portfolio mix, cost-efficient financing, and the sale of some financing portfolios, which enhanced the company's financial flexibility and sustainable growth. The company plans to continue implementing its strategy to diversify the portfolio, expand into more profitable products, and accelerate digital transformation to boost efficiency and achieve balanced, sustainable growth.
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