Jabal Omar Development stock reports SAR 158.13 million profit

Published on 10/07/2026 at 10:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jabal Omar Development stock posted SAR 715.15 million in Q2 2026 revenue and SAR 0.13 EPS. The SAR 17.50 Tadawul quote stood 11.3 percent below its 52-week high.

Jabal Omar Development, SA000A0MR864, Illustration mit AI erstellt.

Jabal Omar Development (ISIN SA000A0MR864) was trading at SAR 17.50 on Tadawul at 11:00 a.m. AST on October 7, 2026, down 0.40 percent from the prior close. The latest quarterly figures show net income of SAR 158.13 million and earnings per share of SAR 0.13.

Second quarter profit rises

According to Investing.com, Jabal Omar reported SAR 715.15 million in revenue and SAR 158.13 million in net income for Q2 2026. The figures put quarterly profit 35.2 percent above the previous quarter's SAR 116.99 million, although revenue was 3.2 percent below the prior quarter's SAR 739.17 million.

The earnings mix is therefore uneven rather than purely sales-led. Net income increased while revenue declined, making profitability and the contribution from the company's operating assets more important than top-line growth in the latest period.

Stock remains below yearly high

At SAR 17.50, Jabal Omar Development stock was 11.3 percent below its 52-week high of SAR 19.72 and above its 52-week low of SAR 13.88. The market capitalization stood at SAR 20.7 billion, while trading volume reached 238,424 shares on October 7, 2026.

The market value gives the earnings figures a clear scale. A quarterly profit of SAR 158.13 million represents a meaningful operating result against a SAR 20.7 billion equity value, but the stock remains closer to the middle of its yearly range than to the upper boundary.

Project progress adds context

Jabal Omar Development describes its business as the development and operation of a mixed-use real estate project next to the Holy Mosque in Makkah. Its website reports that phase four was 92.54 percent complete as of July 2026, while phases five and six are presented as investment opportunities.

That project profile helps explain why quarterly earnings can move differently from revenue. Hotel operations, commercial centers and properties under development contribute through different stages, so the next reported period will show whether the Q2 profit increase is accompanied by renewed revenue growth.

Trading level and investor view

The October 7 quote combines a 0.40 percent daily decline with a 11.3 percent gap to the 52-week high. For investors, the central comparison is the stronger profit line against the lower quarterly revenue figure.