Jabal Omar Development Company scored a leap in its quarterly profits as it increased by 50 times during the first quarter of 2025 to 946.9 million, compared to the same period last year. This exceptional growth has driven by reaching revenue of 918 million Riyals due to the sale of a piece of land, as well as profits from investments at fair value by the profit and loss list, which amounts to 62 million Riyals. At the level of operating income, the company’s revenue increased by 26% to reach 747.7 million rows during the first quarter, compared to 593.7 million Riyale in the corresponding period of 2024. Towers in a hotel jumeirah. The turnover of commercial centers has also risen by 41%, which is mainly attributed to the improvement of the occupancy rates and the average shop figures.
The revenue of “Jabal Omar” rises by 26%. The profits jump 50 times with the support of non -operating income
