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Amlak Q3 profit falls to SAR 15.5m
Amlak International Finance Company’s profits fell 9.97% year on year in the third quarter of 2026 to SAR 15.54 million, compared with SAR 17.27 million. Net profit also declined 39.11% from the previous quarter. The company attributed the drop to higher operating expenses and an increase in the provision for expected credit losses, despite a 5.87% rise in finance income to SAR 154.58 million. In the first nine months of the year, net profit rose 14.75% to SAR 56.88 million.
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