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View United Real Estate Development Swings to H1 Attributable Loss; Revenue Drops

MT Newswires·08/27/2026 09:45:43
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09:45 AM EDT, 08/27/2026 (MT Newswires) -- View United Real Estate Development (SASE:9591) said Thursday it swung to an attributable loss for the first half, while revenue declined year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 3.6 million Saudi riyals, compared with an attributable profit of 10 million riyals a year ago. Loss per share was 0.06 riyal, compared with a year-ago EPS of 0.15 riyal. The Saudi Arabia-listed real estate developer's revenue was 11.7 million riyals, compared with 62.3 million riyals a year ago.