Al Mazaya Holding reported a net loss of 989,170 KWD for the first half of 2026, a significant decline compared to a net profit of 1,061,800 KWD for the same period in 2025.
Total revenue for the six-month period decreased to 5,580,329 KWD from 6,052,949 KWD in the prior year, driven largely by lower rental income and property sales.
The company recorded a basic and diluted loss per share of 1.96 fils for the first half of 2026, compared to earnings per share of 2.14 fils in H1 2025.
The quarterly performance for Q2 2026 showed a net loss of 1,530,529 KWD, impacted by "net other expenses" totaling 2,125,345 KWD during the three-month period.