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Al Majed Oud Reports Lower H1 Net Profit; Revenue Rises
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01:25 AM EDT, 08/05/2026 (MT Newswires) -- Al Majed Oud Co. (SASE:4165) said Wednesday that its net profit for the first half of 2026 declined, while revenue increased year over year. Net profit attributable to shareholders of the company for the six months ended June 30 was 136.9 million Saudi riyals, compared with 145.2 million riyals a year earlier. EPS moved to 5.48 riyals from 5.81 riyals. The Saudi Arabia-listed perfume manufacturer's revenue was 655.3 million riyals, compared with 618.8 million riyals a year ago.
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