11 Hrs
Source:
مباشر
_1777294237270_124456903.png&w=64&q=75){kind=small}
Artex swings to Q3 loss
Artix Industrial Investment Company swung to a net loss of SAR 32.12 million in the third quarter of 2026, compared with a profit of SAR 12.96 million in the same period of 2025. Its losses widened from SAR 2.07 million in the previous quarter. The company attributed the swing to lower sales and higher sales costs and raw-material prices. It also noted that the previous year’s results included SAR 42 million from the sale of a building. Sales revenue fell 4.4% to SAR 107.78 million. For the first nine months of 2026, the company recorded a net loss of SAR 19.92 million, while revenue declined 8.21% to SAR 379.36 million.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)