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Shari Trading Company’s third-quarter 2026 profit fell 39.14% to SAR 12.9 million, compared with SAR 21.2 million a year earlier, despite a 33.2% increase in revenue to SAR 176.9 million. The company attributed revenue growth to a 107.8% rise in used-car sales and a 12.8% increase in rental revenue, while higher operating and administrative expenses and a provision for expected credit losses weighed on profit. In the first nine months of the year, revenue rose 38.99% to SAR 494.6 million, while net profit declined 10.66% to SAR 47.5 million.
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