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Al-Hasoub reports 50.4% H1 profit increase
Al-Hassoub Trading Company announced its financial results for the first half of 2026, with net profits increasing by 50.45% to reach 2.87 million SAR, supported by the expansion of external sales which doubled to 64.3 million SAR. Total revenues also rose by 20.68% to 153.37 million SAR, while gross profit increased to 12.1 million SAR, and operating profit grew to 4.5 million SAR. These results reflect an improvement in the company's international competitiveness, with equity rising by 17.97% to 50.53 million SAR, despite the auditors' reservations regarding the inventory valuation.
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