-+ 0.00%
-+ 0.00%
-+ 0.00%

Mohammed Hadi Al Rasheed and Partners Books Lower H1 Attributable Net Profit; Revenue Up

MT Newswires·08/11/2026 02:16:35
Listen to the news
02:16 AM EDT, 08/11/2026 (MT Newswires) -- Mohammed Hadi Al Rasheed and Partners Co (SASE:9601) said Tuesday its net profit for the first half fell, while revenue jumped year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 30.5 million Saudi riyals, compared with 46.9 million riyals earlier. EPS moved to 1.69 riyals from 2.61 riyals. The Saudi Arabia-listed builder's revenue was 203.3 million riyals, compared with 178.6 million riyals a year ago.