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Source: معلومات مباشر
15 Hrsمعلومات مباشر
Source: معلومات مباشر
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Thimar Development Holding Company recorded a net loss of SAR 2.01 million in the third quarter of 2026, compared with a profit of SAR 1.91 million in the same period last year, despite a 66.57% reduction in operating losses to SAR 1.57 million. The company attributed the swing to a loss mainly to a decline of approximately SAR 7.06 million in other revenue, with no revenue recorded in the two comparative quarters. Losses for the first nine months totaled SAR 7.83 million, while accumulated losses reached SAR 98.61 million, or 151.71% of capital. The auditor noted a material uncertainty related to the company’s ability to continue as a going concern, linked to the implementation of its financial restructuring.
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