_1777294237270_124456903.png&w=48&q=75){kind=small}
Sama Water's H1 profit dips to 3.5m riyals
Sama Health Water Factory achieved a relatively stable financial performance during the first half of 2026, despite rising raw material costs. The company recorded a net profit of 3.49 million riyals, representing a slight decrease of 0.50% compared to the same period last year, while shareholders’ equity increased by 3.54% to more than 102 million riyals. The 3.11% decline in revenues to 41.93 million riyals is attributable to the company's strategic focus on improving sales quality and reducing wholesale sales to counteract rising costs, while maintaining a stable profit margin. Additionally, currency stability helped offset the decline in sales, as the company did not incur losses from exchange rate fluctuations, resulting in stable earnings per share at 0.07 riyals. On the other hand, the auditor’s report confirms the integrity of the financial statements, with no accumulated losses or changes in the value of real estate assets.
Notice: This Is an AI-Generated Summary
Comments (0)