Al-Rashed Industry profits reach 21.8M Riyals in H1 2026
Al-Rashid Industrial Company announced a net profit of 21.78 million Riyals for the first half of 2026, reflecting an increase of 1.44% compared to the same period last year. Its revenues also grew by 16.31%, reaching 97.38 million Riyals, driven by expansion in production lines and increased demand for its products, which contributed to improved operational efficiency and the expansion of both local and international markets. Additionally, the company has decided to distribute a interim cash dividend of 7.2 million Riyals, equivalent to 60 halalas per share, with distribution scheduled to begin on September 13, 2026.
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