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Net Profit Grows by 6.3% Excluding Non-Recurring Items
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WebWire | Recent Headlines
12,968 million, with an increase of 5.5% as compared to the comparable period last year Net Profit for the 6 months period of 2026 increased by %6.3 as compared to the comparable period last year after excluding the non-recurring items.
Commenting on the results for the first half of 2026, stc group CEO Eng.
He added that the group delivered strong financial performance during the first half of 2026, with net profit increasing by 6.3% after excluding non-recurring items in both the current and corresponding periods of the previous year.
Additionally, stc group continued to successfully execute its strategy for STC Bank, as reflected in the banks sustained business growth, expanding customer base, and growing deposits and investment portfolios.
stc group achieved a local content ratio of 50.69%.