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مباشر
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Al-Masafi posts Q3 loss
Saudi Arabian Refineries Company recorded a net loss of SAR 22.48 million in the third quarter of 2026, compared with a profit of SAR 1.63 million in the same period last year. The loss increased by 110.13% from SAR 10.7 million in the second quarter. The company attributed the results to unrealized losses resulting from a decline in the market value of its investment portfolio, lower dividend income from the portfolio, and higher general and administrative expenses. For the first nine months of 2026, the company reported losses of SAR 27.46 million, up 24.4% year on year, while revenue totaled SAR 1.07 million.
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