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2026-08-11T13:27:54.982Z

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An'am Holding's Q2 2026 Losses Drop Nearly 80%

An'am Holding's Q2 2026 Losses Drop Nearly 80%

Annam International Holding Group's losses decreased by 79.84% in the second quarter of 2026, falling to 1.34 million SAR from 6.63 million SAR in the same period of the previous year. This is attributed to lower losses from discontinued operations, an increase in other income, reduced investment losses, and a decline in financing costs. Additionally, the group recorded a 76.35% reduction in losses for the first half of the year, along with a slight increase in revenues by 1.24%. However, there are concerns about its financial viability due to current liabilities exceeding its assets by 249.17 million SAR.

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