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Al-Jerie Industries reports losses in H1 2026
The Saudi Lime Industries Company announced that it has turned to a loss during the first half of 2026, with net losses attributable to shareholders amounting to 1.29 million SAR, compared to a profit of 9.96 million SAR in the same period of the previous year. The main reasons for the losses are a decrease in the quantity and value of sales, along with increased operational and scheduled maintenance costs, as well as higher provisions for expected credit losses on receivables. The company's revenues declined by 19.39% to 98.78 million SAR, down from 122.54 million SAR in the first half of 2025.
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