Riyal Investment Reports SAR 0.79M Net Profit in the Six Months 2026
RIYAL 9584.SA | 0.00 |
On 2026-08-20 08:01:18 (Saudi Time), Riyal Investment and Development Co. 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 | 75,326,831 | 73,789,481 | 2.083 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 794,214 | 5,469,823 | -85.48 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 169,712,192 | 169,097,063 | 0.363 | ||
| Profit (Loss) per Share | 0.1 | 0.68 | |||
| 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 | - | - | |
| Accumulated Losses | - | - | |
| 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 | According to the instructions related to advertisements for companies listed on the parallel market, it is sufficient that the advertisements be in Arabic only |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | According to the instructions related to advertisements for companies listed on the parallel market, it is sufficient that the advertisements be in Arabic only |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | According to the instructions related to advertisements for companies listed on the parallel market, it is sufficient that the advertisements be in Arabic only |
Year-on-Year Performance Drivers
Sales/Revenue increased modestly by 2.083% YoY from SAR 73.79(currency not specified in original) to SAR 75.33(currency not specified in original)... Let me redo this properly. Sales increased 2.083% YoY from 73.79 million(currency not specified in original) to 75.33 million(currency not specified in original) (converted from Actual: 73,789,481 / 1,000,000 = 73.79 million; 75,326,831 / 1,000,000 = 75.33 million), while net profit attributable to shareholders dropped sharply by 85.48% YoY from 5.47 million(currency not specified in original) to 0.79 million(currency not specified in original) (5,469,823 / 1,000,000 = 5.47 million; 794,214 / 1,000,000 = 0.79 million). The detailed explanations for both the revenue increase and the profit decline are disclosed in Arabic only, as permitted under the parallel market listing instructions, and therefore specific operational drivers cannot be extracted from the available English disclosure.
Other Items
Riyal Investment and Development Co.'s interim financial results for the six months ended June 30, 2026 received an unmodified conclusion from the external auditor. Total shareholders' equity (after deducting minority equity) stood at SAR 169,712,192, compared to SAR 169,097,063 in the same period of the prior year, reflecting a marginal increase of 0.363%. Earnings per share declined to SAR 0.1 from SAR 0.68 in the prior year period. No accumulated losses or fair value changes in investment properties were reported for the period.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97708&anCat=1&cs=9584&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.