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Jazadco Swings to H1 Net Loss; Revenue Up

MT Newswires·08/10/2026 02:47:30
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02:47 AM EDT, 08/10/2026 (MT Newswires) -- Jazan Development and Investment Co. (SASE:6090), d/b/a Jazadco, said Monday that it swung to a net loss in the first half, while revenue grew year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 2.1 million Saudi riyals, compared with a net profit of 26.4 million riyals a year ago. Loss per share was 0.04 riyal, compared with an EPS of 0.53 riyal. The Saudi Arabia-listed aquaculture and agriculture company's revenue was 78.2 million riyals, compared with 71.8 million riyals previously.