22 Hrs
Source:
مباشر
Wa'ja reports 2.71 million riyal loss in H1 2026
Waja Company announced that it turned to losses in the first half of 2026, recording a net loss of 2.71 million SAR compared to a profit of 1.49 million SAR in the same period of the previous year. The company's revenues declined by 5.97% to reach 48.07 million SAR, attributed to a decrease in existing contracts and projects. The company attributed the losses to lower profit margins and the recognition of provisions for credit losses. Meanwhile, shareholders' equity slightly increased to 102.99 million SAR. Earnings per share also decreased to 0.039 SAR from 0.021 SAR a year earlier.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)