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Takween Advanced Industries Posts Bigger Loss in H1; Revenue Up

MT Newswires·08/11/2026 10:14:15
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10:14 AM EDT, 08/11/2026 (MT Newswires) -- Takween Advanced Industries (SASE:1201) said Tuesday net loss widened for the first half, while revenue jumped year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 62.2 million Saudi riyals, compared with 35.6 million riyals earlier. Loss per share moved to 0.81 riyal from 0.47 riyal. The Tadawul-listed plastics packaging and non-woven fabric company's revenue was 422.7 million riyals, compared with 283.4 million riyals a year ago.