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Source: معلومات مباشر
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Source: معلومات مباشر
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National Industrialization Company narrowed its net loss in the third quarter of 2026 by 21.4% year on year to SAR 438.8 million, compared with SAR 558.5 million, despite a 31.2% decline in revenue to SAR 444.4 million due to lower sales volumes, operational challenges and supply-chain disruptions. The company attributed the improvement in its net loss to lower losses from Tronox and a reduction in some costs, while results were weighed down by SAR 493 million in impairment losses on non-financial assets, of which SAR 276 million was attributable to Tasnee. In the first nine months, the company recorded a net loss of SAR 1.32 billion, compared with a profit of SAR 271.5 million in the corresponding period of 2025.
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