Riyadh – Mubasher: Sumou Real Estate Company logged net profits after Zakat and tax worth SAR 36.04 million during the first half (H1) of 2020, 18.73% more than SAR 30.36 million recorded in the same period in 2019.

On an annual basis, revenues shrank by 25.99% over H1-20 to stand at SAR 49.91 million, according to a stock exchange statement on Tuesday.  

It is worth highlighting that listing and trading the shares of Sumou on the Nomu-Parallel Market began on 11 May 2020, with a 20% daily share price fluctuation limit.