19 Hrs
Source:
مباشر
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Ma’aden Q3 earnings fall
Saudi Arabian Mining Company (Ma’aden) reported a 23.71% year-on-year and 22.66% quarter-on-quarter decline in third-quarter 2026 profit, to SAR 1.68 billion, despite an 11.28% increase in revenue to SAR 11.14 billion. The company attributed the decline to lower gross profit as sales costs rose in its phosphate unit—particularly sulfur and supply-chain costs—as well as the absence of recorded sales from ammonia exports and higher operating expenses.
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