Talabat Logs Lower H1 Net Profit; Revenue Up

11:38 PM EDT, 08/11/2026 (MT Newswires) -- Talabat Holding (DFM:TALABAT) said Wednesday its net profit for the first half declined while revenue jumped year over year. Net profit for the six months ended June 30 was $186.2 million, compared with $224.6 million earlier. EPS moved to $0.0080 from $0.0096. The Dubai-listed online food delivery company's revenue was $2.19 billion, compared with $1.81 billion a year ago. Meanwhile, the board will declare interim dividends, in line with the company's unchanged 90% dividend payout policy, in September for payment in October. For 2026, the company raised its revenue growth guidance to between 16% and 18% on a constant currency basis, from the prior range of 14% to 17%. Net income outlook range was upgraded to between $325 million and $355 million, from $300 million to $330 million previously.