Net profit attributable to shareholders increased to 541,785 KD for the first quarter of 2026, with basic and diluted earnings per share rising to 1.08 fils from 0.95 fils in the same period last year.
The Annual General Assembly approved a dividend distribution of 2.5% as free bonus shares from treasury shares, which was set for distribution on April 30, 2026.
A preliminary agreement is in progress for a merger by amalgamation between Al Mazaya Holding Company and its subsidiary, Waterfront Real Estate Company K.S.C. (Closed).
Total assets stood at 124.69 million KD as of March 31, 2026, while the group’s gearing ratio improved to 56.42% from 58.09% at the end of 2025.