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Seera Holding Group’s net profit fell 61.76% year on year in the third quarter of 2026 to SAR 13 million, from SAR 34 million. It was also down 83.75% from the previous quarter, when the group posted a net profit of SAR 80 million. The group attributed the year-on-year decline to Portman Travel’s performance returning to normal levels after an exceptional showing in the same period last year, and to weaker results at Lumi, partly offset by growth at Almosafer. Revenue fell 19.4% to SAR 1.13 billion, while net profit for the first nine months of the year rose 82.43% to SAR 135 million.
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