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معلومات مباشر
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2026-11-10T06:18:54.009Z

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Wafrah Cuts Q3 Losses 35%

Wafrah Cuts Q3 Losses 35%

Wafrah for Industry and Development Company reduced its net losses in the third quarter of 2026 by 35.45% year on year to SAR 5.86 million, compared with SAR 9.08 million in the same period of 2025. The improvement came as sales grew 37% to SAR 37.08 million and gross profit rose 198.24% to SAR 6.65 million, supported by higher sales volumes and improved operational efficiency. The company’s accumulated losses reached SAR 78.78 million, equivalent to 34% of its capital.

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