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2026-11-08T15:07:23.099Z

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Knowledge City Q3 profit

Knowledge City Q3 profit

Knowledge Economic City Company recorded a net profit of SAR 99.68 million in the third quarter of 2026, up 253% from the same period a year earlier, compared with a loss of SAR 12.9 million in the previous quarter. The company attributed the growth to improved profit margins on residential projects and gains from a land sale. Sales rose 98.75% to SAR 245.1 million. For the first nine months of the year, the company posted a profit of SAR 71.34 million, compared with a loss of SAR 26.7 million, while revenue grew 40.15% to SAR 330.47 million.

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