Publisher: Maaal International Media Company
License: 465734
Saudi Company for Hardware (SACO) announced on Sunday that it returned to profitability in the second quarter of 2025, with a profit of about SAR 5 million, compared with a loss of SAR 4 million in the same period last year.
Operational profit during the quarter increased to SAR 11.4 million, compared with SAR 1.5 million in the same quarter last year.
During the current six-month period, the company recorded a profit of SAR 10 million, compared with a loss of SAR 8.5 million in the same period last year.
Profits per share amounted to SAR 0.28, compared with a loss of SAR 0.24 in the same period last year.