Red Sea Housing Services Company reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net profit of SAR 40.78 million, compared to SAR 33.12 million for the same quarter ended June 30, 2013.

Net profit for the six months ended June 30, 2014 was SAR 84.3 million, or SAR 1.41 per share, compared to SAR 64.84 million, or SAR 1.08 per share, for the same period ended June 30, 2013.