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Emaar the Economic City's H1 Attributable Net Loss Narrows; Revenue Down

MT Newswires·08/11/2026 10:30:22
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10:30 AM EDT, 08/11/2026 (MT Newswires) -- Emaar The Economic City (SASE:4220) said Tuesday its loss for the first half narrowed, while revenue declined year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 203 million Saudi riyals, compared with 216 million riyals earlier. Loss per share moved to 0.23 riyal from 0.41 riyals. The Saudi Arabia-listed real estate developer's revenue was 284 million riyals, compared with 322 million riyals a year ago.