Enmaya reports 69.6M profit in H1 2026

Imar for Development and Real Estate Investment Company announced a 7.2% increase in its net profits for the first half of 2026, reaching 69.6 million Riyals compared to 64.92 million Riyals in the same period last year. The profit growth contributed to an 8.96% rise in revenues, which amounted to 118.97 million Riyals, supported by the performance of its real estate portfolio and development projects. Additionally, equity increased by 10.53% to reach 728.38 million Riyals, and earnings per share doubled to 1.74 Riyals, with the company acquiring 120,990 shares as part of its employee stock program.

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