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معلومات مباشر
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2026-11-05T15:09:54.162Z

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Amiantit Q3 loss SAR40m

Amiantit Q3 loss SAR40m

The Saudi Arabian Amiantit Company, which manufactures water pipes, posted a net loss of SAR 40.02 million in the third quarter of 2026, up 684.1% from the same period a year earlier. Revenue fell 61% to SAR 66.61 million. The company attributed the results to slower demand for infrastructure products, supply-chain and logistics challenges, higher raw-material prices, and losses on its investments in foreign companies.

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