Al-Rashed Industry reports 21.8M riyals profit in H1 2026
Al Rashed Industrial Company announced its financial results for the first half of 2026, achieving a net profit of 21.78 million riyals, a slight increase compared to the same period last year. The company's revenues amounted to 97.38 million riyals, recording a growth of 16.31% compared to 2025, driven by expansion of production lines, increased demand for and development of products. Additionally, profits rose by 1.44%, with operating profit increasing by 9.18%, reflecting efficient cost management and improved operational performance.
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