Saudi IT Group MIS Logs Lower H1 Net Profit; Revenue Up

09:35 AM EDT, 07/30/2026 (MT Newswires) -- Al Moammar Information Systems (SASE:7200), d/b/a MIS, said Thursday its net profit for the first half declined, while revenue rose year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 55.7 million Saudi riyals, compared with 66.1 million riyals earlier. EPS moved to 1.86 riyals from 2.2 riyals. The Saudi Arabia-listed information technology company's revenue was 910.1 million riyals, compared with 709.8 million riyals a year ago. Meanwhile, the board approved a higher cash dividend of 1 riyal per share for the first quarter payable on Aug. 12 to shareholders of record as of Aug. 3. It paid 0.80 riyal a year ago.