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Expansion costs bite into earnings at Cenomi Centers

By CityCalc Newsroom · Thu Aug 06 2026 · Source: AGBI

Cenomi Centers, the largest owner, operator and developer of shopping malls in Saudi Arabia, reported weaker first-half earnings after higher borrowing costs offset stable leasing activity and rising visitor numbers. Net profit fell 18 percent year on year, while finance costs j…

Cenomi Centers, the largest owner, operator and developer of shopping malls in Saudi Arabia, reported weaker first-half earnings after higher borrowing costs offset stable leasing activity and rising visitor numbers. Net profit fell 18 percent year on year, while finance costs j…

Curated by CityCalc from AGBI. Read the full article at the source.

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