9.4 million dinars in profits for Arzan Financial Group in the first half

Arzan Financial Group Company announced its financial results for the first half of 2026. The financial results showed that the company achieved a net profit of 9.4 million dinars attributable to shareholders of the parent company, with an earnings per share of 9.77 fils. Total operating revenues amounted to 18.4 million dinars.

Talaal Jasem Al-Bahar, Chairman of the Board of Directors of Arzan Financial Group, affirmed that the results achieved during the first half of 2026 reflect the Group’s effectiveness in implementing its strategies and the efficiency of its approach to diversifying income sources and developing investment products and solutions. This enhances its capacity to navigate changes and achieve sustainable growth. He clarified that the company’s performance is a continuation of the Group’s journey and achievements, reiterating the commitment to enhancing value for shareholders and partners, and consolidating Arzan Financial Group’s position as one of the leading financial and investment institutions in the region.

**A Cautious Approach**

The second quarter of 2026 witnessed exceptional pressures on investment and financial services companies in the Gulf region, due to escalating geopolitical tensions. These tensions impacted confidence levels, stock market volatility, financing costs, and liquidity and risk management. Furthermore, the prevailing uncertainty prompted investors to adopt a more cautious approach in making investment decisions, with increased focus on diversifying portfolios, assets, markets, and sectors, as well as strengthening hedging instruments and risk management tools.

Conversely, these developments created new opportunities for financial institutions with diversified portfolios, particularly in asset management, investment advisory, financing, and acquiring assets with attractive valuations. This underscores the importance of flexibility, rapid response, and the ability of investment companies to adapt to changes to maintain performance sustainability.

**Diversified Investments**

For his part, Jasem Zainal, Vice Chairman and Chief Executive Officer of the Group, stated: “The results for the first half of 2026 were positive and noteworthy. The Group’s assets increased by 8.1% during the first half of 2026, reaching a total of 374.1 million dinars, compared to 346.1 million dinars for the same period in 2025 (restated). Total equity attributable to shareholders of the parent company also rose by 7.7%, reaching 218.7 million dinars, compared to 203.1 million dinars for the same period last year (restated). Our diversified investments in Kuwait and the region contributed to enhancing the Group’s first-half results.”

He addressed the decline in the share of results from associates, stating: “The main reason is not a new operational decline, but rather the comparative figures for the first half of 2025, which were restated. The comparative interim financial information for the six months ended June 30, 2025, was adjusted, revising the share of results from associates from the previously announced amount of 7.26 million dinars to 15.02 million dinars. This was due to measurement period adjustments arising from the completion of the purchase price allocation process for one of the associates, along with other related adjustments. Consequently, the restated net profit for the same period was adjusted to 16.94 million dinars, instead of the previously reported net profit of 9.38 million dinars. Additionally, the basic and diluted earnings per share for the six months ended June 30, 2025, were restated from 10.355 fils and 10.343 fils, respectively, to 17.638 fils and 17.619 fils, respectively, for the same period.”

Zainal concluded his statement by emphasizing the company’s continued efforts to enhance its performance, consolidate its path of sustainable growth, and build upon achieved results, thereby supporting its ability to face challenges and seize future opportunities. He expressed his anticipation of achieving further successes and extended his gratitude to clients, shareholders, and investors for their continued trust in the Group and its financial and investment services and solutions.