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Saudi Vitrified Clay Pipes' H1 Attributable Net Loss Widens; Revenue Down

MT Newswires·08/11/2026 11:14:01
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11:14 AM EDT, 08/11/2026 (MT Newswires) -- Saudi Vitrified Clay Pipes (SASE:2360) said Tuesday its attributable net loss for the first half increased, while revenue fell year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 23.6 million Saudi riyals, compared with 20.2 million riyals earlier. Loss per share moved to 1.58 riyals from 1.35 riyals. The Tadawul-listed clay pipes and fittings manufacturer's revenue was 27.6 million riyals, compared with 27.9 million riyals a year ago.