The profits of “property” jump 147.7% to 20.4 million riyals in the second quarter

The profits of Amlak International Finance jumped in the second quarter of 2025 by 147.7% to 20.4 million riyals, compared to 8.2 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the increase in net profit is mainly due to:
– Increasing the income of private commission for financing, which is partially corresponding to:
Increased financing cost.
Increased operating expenses.
– Increase in a clear net credit losses.
The company achieved a net profit of 20.39 million riyals during the current quarter, compared to 11.92 million riyals for the previous quarter, an increase of 71.13%.
The decrease in net profit is mainly due to:
– A decrease in a net customized credit losses.
– Increase in income from private commissions for financing.
The company achieved a net profit of 32.31 million riyals during the first half, compared to 16.84 million riyals for the same period, an increase of 91.85%.
The reason for the rise in net profit is mainly due to:
– An increase in income from private commissions for financing, partially corresponding to it
– Increase in the cost of financing.
Increased operational expenses.
– Increase in a clear net credit losses.