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2026-11-05T08:10:32.888Z

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FIPCO reports Q3 loss

FIPCO reports Q3 loss

FIPCO recorded a net profit of SAR 2.8 million in the third quarter of 2026, compared with a loss of SAR 2.8 million in the same period of 2025, despite a 15.15% decline in profit from the previous quarter. The company attributed the turnaround to higher sales and improved profit margins. Earnings for the first nine months of the year reached SAR 8.7 million, compared with a loss of SAR 17.9 million a year earlier.

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