SIECO narrows H1 2026 loss to SAR 1.9M; Q2 loss at SAR 428,000

28/07/2026 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

Saudi Industrial Export Co. (SIECO) narrowed its loss to SAR 1.9 million in the first half of 2026, compared to a SAR 6.1 million loss in the same period a year earlier.



Financials (Million Riyal)

Item 6m 2025 6m 2026 Change‬
Operating Income (6.99) (2.02) 71.0 %
Net Income (6.08) (1.89) 68.9 %
Average Shares 194.40 194.40 -
Earnings Per Share before unusual items (Riyals) (0.03) (0.01) 68.9 %
EPS (Riyal) (0.03) (0.01) 68.9 %

The annual improvement was attributed to growth in unrealized earnings resulting from revaluation of investments at fair value, as well as restructuring of the financial portfolio and divestment of some losing investments.



Current Quarter Comparison (Million Riyal)

Compared With The
Item Q2 2025 Q2 2026 Change‬
Operating Income (3.21) (0.87) 72.8 %
Net Income (5.10) (0.43) 91.6 %
Average Shares 194.40 194.40 -
Earnings Per Share before unusual items (Riyal) (0.03) 0.00 91.6 %
EPS (Riyal) (0.03) 0.00 91.6 %

Q2 2026 loss declined by 91.6% YoY to SAR 428,000, down from SAR 5.1 million. Sequentially, the bottom line also narrowed by 70.7% from a SAR 1.46 million loss in Q1 2026.

 

Shareholders’ equity, no minority interest, amounted to SAR 98.134 million as of H1 2026, compared to SAR 118.86 million in the year-ago period.

 

The company’s accumulated losses amounted to SAR 96.84 million by the end of the six-month period, representing 49.8% of capital.

View More Financial Results

 

View other reports