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Shalfa Q3 profit up 243%

Shalfa Q3 profit up 243%

Shalfah Facilities Management Company’s net profit surged 243.37% in the third quarter of 2026 to SAR 13.34 million, compared with SAR 3.88 million in the same period of 2025. The company attributed the increase to revenue growth driven by business expansion and improved margins. Profit also rose 74.84% compared with the second quarter. In the first nine months of the year, profit reached SAR 31.31 million and revenue totaled SAR 469.75 million, up 164.9% and 53.55%, respectively, supported by the award of new contracts and improved margins.

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