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Source: معلومات مباشر
10 Hrsمعلومات مباشر
Source: معلومات مباشر
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The Saudi Fisheries Company announced that its accumulated losses had reached SAR 24.8 million, or 37.03% of its capital of SAR 66.99 million, according to its financial statements for the period ended September 30, 2026. The company attributed the losses to the suspension of commercial operations during its restructuring, the absence of revenue while expenses continued, losses from discontinued operations, and asset impairment. To address the losses, it plans to complete the sale of its 51% stake in Al-Huraida National Aquaculture Company, put its headquarters in the Al-Malaz district up for sale, rationalize expenses, and explore options to strengthen its financial position.
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