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BinDawood Q3 profit falls

BinDawood Q3 profit falls

BinDawood Holding’s profit attributable to the company’s shareholders fell 15% year on year to SAR 35.76 million in the third quarter of 2026, and declined 27.88% from the previous quarter. The company attributed the drop to a higher share of profit attributable to non-controlling interests, increased financing costs related to acquisitions and lease costs, and lower finance income. Revenue, however, rose 12.21% to SAR 1.72 billion, supported by growth in the retail, distribution and food manufacturing segments.

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