Inmar Real Estate Reports SAR 69.60M Net Profit in the Six Months 2026
INMAR 9521.SA | 0.00 |
On 2026-08-05 08:02:08 (Saudi Time), Inmar Company for Real Estate Development and Investment announced its Interim financial results for the six months ended on June 30, 2026.
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 118,966,707 | 109,178,869 | 8.964 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 69,599,619 | 64,923,330 | 7.202 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 728,377,201 | 658,992,651 | 10.528 | ||
| Profit (Loss) per Share | 1.74 | 1.62 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The company's revenue increased during the current period compared to the same period last year, driven by growth in revenue generated from its real estate portfolio, supported by revenue from projects under development. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit increased during the current period compared to the same period last year, fueled by a rise in gross profit from SAR 74.2 million to SAR 82.4 million, resulting from increased sales revenue within the company's real estate portfolio. A decrease in financing costs from SAR 5.2 million to SAR 4.1 million also contributed to the growth in net profit. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | No comparison items were reclassified |
| Additional Information | The company acquired 120,991 of its own ordinary shares as treasury shares during the period for a potential Employee Share Ownership Plan (ESOP). |
Year-on-Year Performance Drivers
Sales/Revenue increased 8.964% YoY to SAR 118.97 million (from SAR 109.18 million), driven by growth in revenue generated from the company's real estate portfolio, supported by revenue from projects under development. Net profit attributable to shareholders rose 7.202% YoY to SAR 69.60 million (from SAR 64.92 million), fueled by an increase in gross profit from SAR 74.2 million to SAR 82.4 million resulting from higher real estate portfolio sales revenue, further supported by a reduction in financing costs from SAR 5.2 million to SAR 4.1 million.
Other Items
The external auditor issued an unmodified conclusion for the period. Total shareholders' equity (after deducting minority equity) stood at SAR 728,377,201, up 10.528% from SAR 658,992,651 in the same period of the prior year. Earnings per share were SAR 1.74, compared to SAR 1.62 in the prior year period. No comparison items were reclassified. Additionally, the company acquired 120,991 of its own ordinary shares as treasury shares during the period for a potential Employee Share Ownership Plan (ESOP).
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97256&anCat=1&cs=9521&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.