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Ladun Investment Company recorded a net loss of 39.76 million Riyals in the first quarter of 2026, representing a 614.22% increase compared to the same period last year. Revenue declined by 49% due to a downturn in the real estate development sector following the completion of off-plan sales projects, despite an 11% growth in the contracting sector. Although revenues decreased, profits in the contracting sector increased; however, financing and general expenses continued to rise, contributing to the overall losses.
تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
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