Al-Saha Al-Majd H1 profit rises 42.8%
Al-Saha Al-Majd Trading Company achieved a 42.8% growth in profits during the first half of 2026 on a year-on-year basis, with shareholders' net profits reaching 11.87 million riyals compared to 8.31 million riyals in the same period of 2025. This increase is attributed to a 15.14% rise in revenues, reaching 114.86 million riyals, along with an improvement in gross profit driven by lower cost of goods sold and better production performance, as well as returns from financial assets and expense management.
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