Sumou Real Estate Co. reported a net profit after Zakat and tax of SAR 36 million for the first half of 2020, a 19% year-on-year (YoY) increase.
Sales for the period, however, fell 26% YoY to SAR 49.91 million, the company said in a bourse statement.
Shareholders’ equity increased 10% YoY to SAR 388.88 million during H1 2020, compared to SAR 353.237 million in the previous year.
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