12 Hrs
Source:
مباشر
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Source: مباشر
12 Hrsمباشر
Source: مباشر
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Arabian Contracting Services Company widened its loss in the third quarter of 2026 to SAR 242 million, an increase of 193.3% year on year and 12.8% from the previous quarter. Revenue fell 16.22% to SAR 347 million, affected by lower advertising spending, campaign cancellations and budget cuts amid geopolitical tensions. Contract costs, rental expenses and depreciation also rose because the advertising network had not been completed. In the first nine months of the year, the company recorded a loss of SAR 447.5 million, compared with a profit of SAR 47.22 million in the same period last year.
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