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Raya Financing's Q1 Attributable Net Profit Plummets; Revenue Up

MT Newswires·08/24/2026 01:47:36
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01:47 AM EDT, 08/24/2026 (MT Newswires) -- Raya Financing (SASE:5024) said Monday that its attributable net profit for the first quarter plunged, while revenue jumped year over year. Net profit attributable to shareholders of the issuer for the three months ended March 31 was 8.5 million Saudi riyals, compared with 20.9 million riyals a year ago. EPS moved to 0.26 riyal from 0.63 riyal. The Saudi Arabia-listed auto financing company's revenue was 135.9 million riyals, compared with 98.7 million riyals earlier.