3 Days
Source:
مباشر
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Jazadco Q3 losses fall to SAR 11.39m
“Jazadco’s losses narrowed by 19.94% year on year in the third quarter of 2026 to SAR 11.39 million, but rose 56.81% from the previous quarter. The company attributed the annual improvement to the non-recurrence of SAR 11.12 million in expected credit losses and lower administrative expenses. Revenue, however, fell 11.16% to SAR 15.97 million, due to lower shrimp sales affected by early mortality syndrome. In the first nine months of the year, the company swung to a net loss of SAR 13.52 million, compared with a profit of SAR 12.15 million in the same period of 2025.”
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