Riyadh — Mubasher: Marble Design Company announced that its net profit decreased by 46.24% to SAR 4.23 million during the first nine months (9M) of 2026 from SAR 7.87 million in 9M-25.
According to the income statements, total revenue for the nine-month period reached SAR 27.20 million, falling by 6.61% from SAR 29.12 million.
Earnings per share (EPS) for the period stood at SAR 0.06, compared to SAR 0.10 in the previous year.
As of 30 September 2026, total shareholders' equity increased by 7.46% to SAR 100.07 million.
In the third quarter (Q3) of 2026, Marble Design shifted to a net loss of SAR 2.79 million against a net profit of SAR 138,092 in Q3-25.
The company attributed the downturn to a sharp decline in demand and increased general and administrative expenses, alongside costs associated with its transition to the Main Market.
Quarterly revenue fell by 27.9% to SAR 4.88 million in Q3-26 from SAR 6.77 million in Q3-25.
On a sequential basis, the performance showed a significant contraction as revenue dropped by 64.12% from the SAR 13.60 million recorded in the previous quarter.
Operating results for the three-month period also shifted to a loss of SAR 2.20 million, compared to an operating profit of SAR 426,684 in Q3-25.
