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Calcium sector faces losses in early 2026
Saudi Lime Industries Company announced that it has turned to a loss in the first half of 2026, recording net losses attributable to shareholders of 1.29 million riyals, compared to a profit of 9.96 million riyals in the same period of the previous year. The reason for this decline is attributed to a 19.39% decrease in sales, along with increased operational and maintenance costs, as well as higher provisions for expected credit losses. The results also show a decline in revenues to 98.78 million riyals, down from 122.54 million riyals in the first half of 2025.
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