22 Hrs
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معلومات مباشر
Source: معلومات مباشر
22 Hrsمعلومات مباشر
Source: معلومات مباشر
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The Saudi Fisheries Company narrowed its losses in the third quarter of 2026 to SAR 3.89 million, down 43.5% from SAR 6.89 million in the same period of 2025, despite generating no revenue. It attributed the improvement to the cessation of selling and distribution expenses, lower losses from discontinued operations, the reversal of a SAR 1.04 million expected credit loss allowance, gains from the revaluation of properties, and lower zakat expenses. In the first nine months of the year, losses fell 56.15% to SAR 8.1 million, as the company continued its restructuring plan and the sale of non-strategic assets.
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