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First Avenue for Real Estate Development's H1 Attributable Net Profit, Revenue Decline

MT Newswires·08/30/2026 23:49:22
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11:49 PM EDT, 08/30/2026 (MT Newswires) -- First Avenue for Real Estate Development (SASE:9610) said Sunday that its attributable net profit and revenue for the first half fell year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 10.6 million Saudi riyals, compared with 78.1 million riyals a year ago. EPS moved to 0.04 riyal from 0.28 riyal. The Saudi Arabia-listed real estate group's revenue was 80.2 million riyals, compared with 175.4 million riyals earlier.