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معلومات مباشر
Source: معلومات مباشر
22 Hrsمعلومات مباشر
Source: معلومات مباشر
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Jazadco’s third-quarter 2026 losses narrowed 19.94% year on year to SAR 11.39 million, but rose 56.81% from the previous quarter. The company attributed the annual improvement to the non-recurrence of exceptional credit losses and lower administrative expenses. Revenue, however, fell 11.16% to SAR 15.97 million, due to lower shrimp sales affected by early mortality syndrome and higher losses from the revaluation of ponds. For the first nine months of the year, the company swung to a net loss of SAR 13.52 million, compared with a profit of SAR 12.15 million a year earlier. Accumulated losses reached SAR 144.16 million, or 28.83% of capital. The auditor drew attention to a material uncertainty regarding the company’s ability to continue as a going concern.
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