CENOMI CENTERS DEMONSTRATES STRONG GROWTH WITH H1 NET PROFIT UP 103.3%

  • Date: 09-Aug-2023
  • Source: Eye of Riyadh
  • Sector:Retail
  • Country:Saudi Arabia
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CENOMI CENTERS DEMONSTRATES STRONG GROWTH WITH H1 NET PROFIT UP 103.3%

Cenomi Centers, the largest owner, operator and developer of shopping malls and complexes in the Kingdom of Saudi Arabia, posted its financial results for the three months and half-year ended 30 June 2023.  The company reported solid performance in H1-23 totaling SAR 1.1billion in revenue, a 5.5% y-o-y increase. Revenue remained stable with a marginal increase of 0.4% y-o-y in