GACO’s revenues shrink 20% in H1-26

Riyadh – Mubasher: The net profits attributable to the owners of Al Gassim Investment Holding Company (GACO) hit SAR 736,853 in the first half (H1) of 2026.

The revenues fell by 20.07% to SAR 3.70 million in H1-26 from SAR 4.63 million in H1-25. Earnings per share (EPS) for the period hit SAR 0.025.

During the second quarter (Q2) of 2026, the company’s net profits hiked by 165.67% year-on-year (YoY) to SAR  419,589 from 157,931, while the sales retreated by 20.07% to SAR 1.85 million from SAR 2.31 million.

Quarter-on-quarter (QoQ), the Q2-26 earnings hiked by 32.25% from SAR 317,264 in Q1-26.

Mubasher Contribution Time: 20-Aug-2026 11:56 (GMT)
Mubasher Last Update Time: 20-Aug-2026 11:56 (GMT)