1 Day
Source:
مباشر
_1777294237270_124456903.png&w=64&q=75){kind=small}
Rasan profit climbs in Q3
Rasan Information Technology Company’s net profit rose 34.02% year on year and 29% quarter on quarter in the third quarter of 2026, reaching about SAR 110 million, compared with SAR 82 million in the same period of 2025 and SAR 85.2 million in the second quarter of 2026. The company attributed the growth to a 40% increase in revenue, driven by a rise in the number of insurance policies, the acquisition of new customers, improved customer retention, and contributions from new products. Gross profit margin reached 64%, while operating profit increased 32% year on year. In the first nine months of 2026, net profit climbed 93% to SAR 284 million, supported by 64% revenue growth and improved profit margins.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)