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Marafiq profit down 9.9%
Marafiq reported a net profit of SAR 154 million in the third quarter of 2026, down 9.94% from SAR 171 million in the same period a year earlier. The company attributed the decline to a SAR 63 million increase in fuel costs and an SAR 11 million decrease in its share of results from investee companies. Revenue fell 2.25% to SAR 1.957 billion. In the first nine months of the year, profit declined 40.95% to SAR 235 million, despite a 7.38% increase in revenue to SAR 5.49 billion.
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