12 Hrs
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مباشر
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Source: مباشر
12 Hrsمباشر
Source: مباشر
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Jahez swung to a net loss of SAR 1.9 million in the third quarter of 2026, compared with a profit of SAR 62.6 million a year earlier, despite a 40.35% increase in revenue to SAR 748.5 million. Losses narrowed 89.08% from the previous quarter. The company attributed the year-on-year shift to lower delivery profitability in Saudi Arabia, zakat expense, and higher losses from its international platforms, which reached SAR 32.6 million following the launch of Snoonu’s operations in Kuwait and Oman. In the first nine months of the year, Jahez recorded a loss of SAR 28.5 million, compared with a profit of SAR 121.5 million. Revenue rose 37.53% to SAR 2.24 billion, supported by the consolidation of Snoonu’s results.
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