RIYADH: Saudi food and retail group Savola reported a 36 percent increase in 2026 first-half net profit, driven by stronger operational performance in its food processing business and resilient retail performance despite a competitive market environment.
Net profit rose to SR401 million ($106.9 million) in the first six months of the year, up from SR295 million over the same period of 2025, while revenue increased 3.9 percent to SR13.6 billion from SR13.1 billion, according to a Saudi Exchange filing and the company’s earnings…
