‎Cenomi Centers expects H2 earnings boost from new projects

‎Cenomi Centers expects H2 earnings boost from new projects ‎Cenomi Centers expects H2 earnings boost from new projects

​‎

Alison Rehill Erguven, CEOof Arabian Centres Co. (Cenomi Centers) said the decline in Q4 2025 revenue and net profit was mainly attributed to a planned revenue reset linked to the phased delivery of the Dhahran Mall project.

Rehill Erguven added that the drop in net income was largely driven by lower fair value gains, stressing that the company’s underlying operating performance remains solid and stable.

Advertisement

Core operations remained resilient during the quarter, with occupancy steady at 94.2% and footfall rising 4.4% over the year.

 

Alison Rehill Erguven, CEOof Arabian Centres Co. (Cenomi Centers) said the decline in Q4 2025 revenue and net profit was mainly attributed to a planned revenue reset linked to the phased delivery of the Dhahran Mall project.

Rehill Erguven added that the drop in net income was largely driven by lower fair value gains, stressing that the company’s underlying operating performance remains solid and stable.

Core operations remained resilient during the quarter, with occupancy steady at 94.2% and footfall rising 4.4% over the year.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement