Riyadh – Mubasher: Banan Real Estate Company registered a leap of 52.5% in net profits after Zakat and tax at SAR 12.91 million in the first half (H1) of 2021, compared to SAR 8.46 million in H1-20.

Earnings per share rose to SAR 0.65 in H1-21 from SAR 0.55 in H1-20, according to the financial results on Tuesday.

Sales grew by 42.6% to SAR 8.91 million in the January-June 2021 period from SAR 6.24 million in the same six months in 2020.

Banan Real Estate has been trading on the Saudi Exchange’s (Tadawul) Parallel Market (Nomu) since 11 August.