23 Hrs
Source:
مباشر
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Source: مباشر
23 Hrsمباشر
Source: مباشر
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Dar Al Majid Real Estate Company (“Almajdiah”) reported a 71.16% year-on-year decline in net profit in the third quarter of 2026, to SAR 10.62 million, compared with SAR 36.84 million in the same period last year. Net profit also fell 74.5% from the previous quarter. The company attributed the decline mainly to lower profit margins on real estate unit sales, driven by increased promotional discounts. Revenue fell 10.04% to SAR 195.23 million, reflecting lower unit sales and commissions.
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