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Arabica Star reports 58.7% loss reduction in H1 2026
Arabian Star Company "Arabica Star" reduced its net losses by 58.7% in the first half of 2026, recording a loss of 348,390 SAR compared to 842,910 SAR in the same period of the previous year. Meanwhile, its sales and revenues increased by 9.4% to reach 26.68 million SAR. The company attributed this improvement to overall market conditions and management's efforts in implementing development initiatives to enhance efficiency, with expectations of gradual improvement in future results. Additionally, the loss per share decreased to 0.25 SAR from 0.61 SAR in the first half of 2025. However, shareholders' equity declined by 7.05% to 35.67 million SAR.
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