SISCO Holding (2190) reported third-quarter 2026 net profit attributable to shareholders of SAR 63.1 million, up from SAR 17 million a year earlier and SAR 59.2 million in the second quarter. Reported revenue rose 94.8% year on year to SAR 767.2 million.
Ports Drive Revenue Growth
Excluding accounting revenue from construction services, revenue rose 91.4% to SAR 729.6 million. The company attributed growth to higher port handling volumes and expanding international operations, with a contribution from logistics. SISCO’s share of impairment charges on an operating asset and a project site came to SAR 25.3 million. Nine-month net profit rose to SAR 148.5 million from SAR 61.7 million.
What Are Investors Watching?
On the November 4 market calendar, Alinma Bank’s third-quarter dividend eligibility is determined at the close of trading, at SAR 0.25 per share after zakat. For SISCO, subsequent disclosures will show whether port volumes continue to grow and operating earnings can absorb financing costs.
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