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Osool & Bakheet Reports Smaller H1 Loss; Revenue Turns Positive

MT Newswires·08/31/2026 09:11:08
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09:11 AM EDT, 08/31/2026 (MT Newswires) -- Osool & Bakheet Investment Co. (SASE:9586) said Monday its net loss for the first half narrowed, while returned to positive territory. Net loss attributable to shareholders of the company for the six months ended June 30 was 15.2 million Saudi riyals, compared with a loss of 49.8 million riyals a year earlier. Loss per share moved to 1.95 riyals from 6.64 riyals. The Saudi-listed investment company's revenue was 6.3 million riyals, compared with negative revenue of 22.1 million riyals a year ago.