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معلومات مباشر
Source: معلومات مباشر
10 Hrsمعلومات مباشر
Source: معلومات مباشر
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Red Sea International Company recorded a net loss of SAR 31.2 million in the third quarter of 2026, up 1,765.15% year on year. Losses increased 85.1% from the previous quarter. Revenue fell 61.95% to SAR 375.17 million amid a slower pace of project execution and lower profit margins, while higher financing costs and provisions for expected credit losses further widened the losses. In the first nine months of the year, net losses rose 221.55% to SAR 45.52 million, and revenue declined 34.53% to SAR 1.61 billion.
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