10 Hrs
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مباشر
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Seera Q3 profits down 62%
Seera Holding Group’s net profit fell 61.76% year on year in the third quarter of 2026 to SAR 13 million, compared with SAR 34 million, and was down 83.75% from the previous quarter. The group attributed the decline to Portman Travel’s performance returning to normal levels after exceptional results a year earlier, and to weaker results at Lumi. Growth at Almosafer partly offset the decline. Revenue also fell 19.4% to SAR 1.13 billion. In the first nine months of the year, net profit rose 82.43% to SAR 135 million, despite a 6.52% decline in revenue to SAR 3.47 billion.
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