MCDC Announces Strong Financial Results for the First Nine Months of 2025
Makkah Construction and Development Company announced positive financial results for the first nine months of 2025, reflecting continued growth in revenues and profits driven by improved operational performance across key sectors and ongoing initiatives to enhance efficiency and optimize returns from its assets.
Net profit for the period reached SAR 380 million, compared to SAR 325 million in the same period of the previous year, an increase of 17%. Revenues grew by 34% to SAR 908 million, compared to SAR 677 million in the same period of 2024.
This strong performance was driven by the successful implementation of the Company’s asset enhancement program. The hospitality sector recorded a 9% increase in revenue per available room (RevPAR), supported by optimized pricing strategies and improved operational efficiency. Meanwhile, enhancements to the MCDC mall, including an improved tenant mix and the addition of new leasable spaces, contributed to long-term value creation.
Chairman Saleh Mohammed Bin Laden stated:
“Our strong balance sheet and robust liquidity position us well for future growth. We continue to evaluate new opportunities with a disciplined approach, ensuring that all potential investments meet our return thresholds and align with shareholders’ expectations. With a clear strategy and a commitment to operational excellence, we remain confident in our ability to sustain growth and deliver lasting value”.
