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Rasan Information Technology recorded net profit of SAR 110 million in the third quarter of 2026, up 34.02% year on year and 29% from the previous quarter, compared with SAR 82 million a year earlier. 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 stood at 64%, while operating profit rose 32%. In the first nine months of the year, net profit increased 93% to SAR 284 million, supported by 64% revenue growth and improved operating efficiency.
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