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Al Hassan Ghazi Ibrahim Shaker's H1 Net Profit, Revenue Fall

MT Newswires·08/02/2026 23:39:40
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11:39 PM EDT, 08/02/2026 (MT Newswires) -- Al Hassan Ghazi Ibrahim Shaker (SASE:1214) said Sunday that its net profit and revenue for the first half declined year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 29.6 million Saudi riyals, compared with 47.1 million riyals a year ago. EPS moved to 0.44 riyal from 0.71 riyal. The Saudi Arabia-listed air conditioning and home appliances manufacturer's revenue was 743.1 million riyals, compared with 769.2 million riyals previously.