Amlak International posts Q3 net profit of SAR 15.5 million
Amlak International reported Q3 operating income of SAR 97.917 million and net profit of SAR 15.543 million, per Reuters, with higher costs and provisions.
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what happened
Amlak International Finance Company SJSC has published its third-quarter results, according to Reuters. Total operating income reached SAR 97.917 million, and net profit came in at SAR 15.543 million.
The company said operating expenses rose during the quarter, as did its net provisions for expected credit losses. Income from special commission on financing increased, and the loans and advances portfolio grew. Finance costs, by contrast, declined.
why it matters
The figures point to a larger lending book that lifts income but also requires bigger reserves against possible losses. For the broader market the news is minor and mainly matters to the company's own shareholders and analysts covering Saudi financial firms.
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- Amlak International Q3 Profit SAR 15.5 Mln — Reuters, 1 November 2026 at 06:33 UTC
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