BinDawood Holding Q2 Profit Falls 33% to SAR 50 Million

BinDawood Holding Co. posted a 33% decline in second-quarter net profit to SAR 50 million, down from SAR 75 million in the prior-year period, according to financial results announced on Sunday.

Operating profit also dropped to SAR 80 million, compared to SAR 102 million a year earlier.

For the first half of 2025, the company reported a net profit of SAR 116 million, a 14% decrease from SAR 135 million in H1 2024.

Earnings per share for the period stood at SAR 0.10, versus SAR 0.12 a year earlier.