Lin Al-Khair to report loss in early 2026
Alin Al-Khair Trading Company announced a significant shift in its financial results during the first half of 2026. The company recorded a net loss exceeding 17.97 million SAR, compared to a previous profit of 2.28 million SAR. Revenues declined by 15.26% to reach 114.17 million SAR, primarily due to a decrease in sales, especially in the government sector. Meanwhile, cost of sales only decreased by 0.9%, leading to a compression of profit margins and pushing the company into an overall loss. Expenses increased, causing its accumulated losses to reach 25.60 million SAR, which exposes the company to regulatory challenges, alongside a 35.66% decline in shareholders' equity.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)