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Riyal Investment and Development Posts Lower H1 Attributable Net Profit; Revenue Up

MT Newswires·08/20/2026 01:15:40
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01:15 AM EDT, 08/20/2026 (MT Newswires) -- Riyal Investment and Development Co. (SASE:9584) said Thursday its attributable net profit in the first half dropped, while revenue rose year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 794,214 Saudi riyals, compared with 5.5 million riyals earlier. EPS moved to 0.1 riyal from 0.68 riyal. The Saudi Arabia-listed car rental company's revenue was 75.3 million riyals, compared with 73.8 million riyals a year ago.