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Dar Al Majed Real Estate Logs Decline in H1 Net Profit, Revenue

MT Newswires·08/03/2026 02:35:44
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02:35 AM EDT, 08/03/2026 (MT Newswires) -- Dar Al Majed Real Estate (SASE:4326) said Monday that its attributable net profit and revenue for the first half decreased year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 80.3 million Saudi riyals, compared with 212.2 million riyals earlier. EPS moved to 0.27 riyal from 0.71 riyal. The Tadawul-listed real estate company's revenue was 496.4 million riyals, compared with 693 million riyals a year ago.