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Reshio's Losses Halved in Shift to Direct Control
Reshio, the company specializing in the Saudi coffee sector, recorded losses of 1.5 million riyals during the first half of 2026, compared to a profit of 6.5 million riyals in the same period of 2025. The main reason for the losses is the expansion of branches and the shift from a franchise model to direct operation, which led to increased costs, along with the formation of a 1.8 million riyal provision for credit losses. Despite this, semi-annual revenues increased by 8% to 28.2 million riyals, driven by network expansion and the transformation of branches from franchise to wholly owned models. The company is working to improve operational efficiency and profit margins to enhance its future performance.
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