{
  "id": 19474958,
  "title": "Bidaya Finance Nine-Month Profit Rises 10.7%",
  "url": "https://urgent.news/2026/11/11/bidaya-finance-nine-month-profit-rises-10-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T09:20:07.000Z",
  "source": {
    "name": "The Saudi Standard",
    "slug": "the-saudi-standard",
    "url": "https://saudistandard.com/2026/11/11/bidaya-finance-nine-month-profit-rises-10-7-percent/"
  },
  "original_language": "en",
  "account": "Riyadh, Saudi Arabia - Bidaya Finance reported a nine-month profit of 16.673 million SAR, representing a 10.7% increase from 15.062 million SAR in the same period last year. Revenue growth and reduced finance charges contributed to the improvement, despite a rise in operating costs and credit loss provisions. The company's financing commission income increased by 4.72%, reaching 242.393 million SAR, while net income from special commission financing grew 15.74% to 151.477 million SAR. Earnings per share rose to 0.19 SAR from 0.17 SAR.",
  "summary": "Riyadh, Saudi Arabia — Bidaya Finance posted a net profit of 16.673 million SAR for the nine months ended 30 September 2026, up 10.7% from 15.062 million SAR in the same period a year earlier. Revenue growth and lower finance charges drove the improvement, even as operating costs and credit loss provisions both climbed. The […] The post Bidaya Finance Nine-Month Profit Rises 10.7% appeared first…",
  "key_points": [
    "Bidaya Finance's nine-month profit rose 10.7% to 16.673 million SAR",
    "Revenue growth and lower finance charges drove profit increase",
    "Financing commission income up 4.72% to 242.393 million SAR"
  ],
  "editors_take": "Stronger financing commission income and lower finance charges are offsetting rising operating costs to bolster the company's bottom line and shareholder returns.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}