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Saleh Abdulaziz Al Rashed & Sons’ profits fell 21.91% in the third quarter of 2026 to SAR 19.5 million, compared with SAR 24.97 million in the same period last year. The company attributed the decline to a lower gross profit margin amid higher operating costs linked to geopolitical challenges and supply chain disruptions. In the first nine months of the year, net profit fell 46.84% to SAR 35.15 million, while revenue declined 2.15% to SAR 533.7 million.
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