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Entaj Q3 Losses at 45.2M

Entaj Q3 Losses at 45.2M

Net losses at the Arabian Agricultural and Industrial Investment Company (“Entaj”) surged 769.23% in the third quarter of 2026 to SAR 45.2 million, compared with SAR 5.2 million in the same period last year. The company attributed the losses to higher raw material prices amid geopolitical events, a decline in the fair value of biological assets, and increased provisions for credit losses and selling and distribution expenses. Losses for the first nine months totaled SAR 57.5 million, up 46.6% year on year.

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