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Senaat Logs Higher H1 Attributable Net Profit; Revenue Down

MT Newswires·08/11/2026 10:18:32
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10:18 AM EDT, 08/11/2026 (MT Newswires) -- Advanced Building Industries (SASE:2240), d/b/a Senaat, said Tuesday net profit rose in the first half, while revenue fell year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 54.2 million Saudi riyals, compared with 37.2 million riyals earlier. EPS moved to 0.9 riyal from 0.62 riyal. The Saudi Arabia-listed construction materials company's revenue was 2.77 billion riyals, compared with 3 billion riyals a year ago.