Al Mazaya Holding reported a 14.8% increase in net profit for the first quarter of 2026, reaching KD 541,359 compared to KD 471,699 in Q1 2025.
Earnings per share (EPS) grew to 1.08 fils, up from 0.95 fils in the same period the previous year.
Total revenue saw a slight decline of 2.3% to KD 2.95 million, primarily driven by lower rental income which fell from KD 2.94 million to KD 2.77 million.
The company successfully reduced finance costs by 24% to KD 577,900, contributing to the improved bottom-line performance despite the decrease in total revenue.