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2026-11-09T08:11:26.601Z

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Afaq Q3 earnings up 75%

Afaq Q3 earnings up 75%

Afaq Al-Ghida’s net profit attributable to shareholders rose 74.8% year on year in the third quarter of 2026, to SAR 3.23 million from SAR 1.85 million. Revenue also increased 73.92% to SAR 29.12 million. The company attributed the profit growth to higher revenue and gross profit, while a lower gross profit margin and higher expenses in some areas limited the increase. In the first nine months of the year, profit rose 3.3% to SAR 8.65 million, and revenue increased 35.36% to SAR 72.7 million.

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