Al Saif Stores for Development and Investment Company (Al Saif Gallery) reported a 11.4% increase in net profit for the second quarter of 2026, reaching 1.6 million riyals, compared to 1.4 million riyals in the same quarter last year.

According to the company's statement on the Saudi Tadawul website, the rise in net profit is attributed to a 3.8% increase in sales.

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Reasons also include: a 2.8% growth in gross profit, supported by higher sales, and a notable increase in other revenues. The decline in net profit on a quarterly basis is due to lower sales. According to the statement, the rise in net profit for the first half of 2026 is due to: 13.5% sales growth, and a 3.2% improvement in operating profit as a result of enhanced operational efficiency. Reasons also include: the increase in other revenues and the strengthening of e-commerce operations efficiency.