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Q3 Alkathiri losses climb

Q3 Alkathiri losses climb

Al Kathiri Holding’s net loss increased 143.4% year on year in the third quarter of 2026 to SAR 10.62 million, compared with SAR 4.36 million in the same period a year earlier, despite falling 53.41% from the previous quarter. Revenue declined 66.24% to SAR 23.98 million, while gross profit of SAR 4.43 million turned into a gross loss of SAR 3.24 million, as revenue fell faster than costs and financing costs rose.

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