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Patterns reports 97% profit rise
Anmat Tech Trading achieved a record-breaking half-year profit increase of 97.46%, reaching 7.78 million SAR in the first half of 2026 compared to 3.94 million SAR in the previous year. This growth is attributed to a significant expansion in the Information Technology sector, which contributed 86% of the company's revenue. Overall revenue rose to 180.34 million SAR, an increase of 89.45%. Revenues from the construction, development, and industrial sectors also grew notably, strengthening the company's financial position and increasing shareholders' equity by 24.25%. As a result, earnings per share rose to 0.18 SAR from 0.10 SAR. The growth is driven by leveraging technological opportunities and diversifying income sources despite rising expenses.
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