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Baan Holding Group Swings to H1 Profit; Revenue Declines
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01:36 AM EDT, 08/05/2026 (MT Newswires) -- Baan Holding Group (SASE:1820) said Wednesday it swung to a profit in the first half, while revenue decreased year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 53.3 million Saudi riyals, compared with a loss of 16.7 million riyals earlier. EPS moved to 0.131 riyal from a loss per share of 0.053 riyal. The hospitality and entertainment group's revenue was 311.4 million riyals, compared with 345.2 million riyals a year ago.
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