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الاقتصادية - CNN
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الاقتصادية

2026-11-09T11:24:00.000Z

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Ma’aden Q3 profits fall

Ma’aden Q3 profits fall

Saudi Arabian Mining Company (Ma’aden) reported a 23.7% decline in profit in the third quarter of 2026, to SAR 1.68 billion from SAR 2.21 billion in the same period a year earlier. The company attributed the decline to a 29.5% drop in gross profit, driven by higher cost of sales in its phosphate business—particularly supply-chain and sulfur costs—and the absence of ammonia export sales during the quarter.

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