Saudi Fisheries narrows 2025 loss to SAR 25.4M; Q4 at SAR 6.9M

Saudi Fisheries Co. reported a net loss of SAR 25.4 million for 2025, a decline from SAR 41 million loss a year earlier.​

This was driven by absence of farm-related expenses for shrimp and fish production, coupled with lower operating expenses following reduced business activity, including a 63% decrease in SG&A costs.

Moreover, the company recorded a 20% fall in G&A costs compared to the prior year, mainly driven by lower manpower costs and reduced professional fees in 2025. Zakat expense also decreased by 80% compared to 2024, primarily due to reduced business activity during the period.

However, net margin remained negative, primarily due to fixed and idle costs of farms incurred during the year, and higher consultancy expenses related to capital restructuring initiatives.

The company reported a net loss of SAR 6.87 million in Q4 2025, versus a net profit of SAR 7.47 million a year earlier. Sequentially, the company narrowed its loss from SAR 6.89 million losses in Q3 2025.

Total shareholders’ equity, no minority interest, stood at SAR 50.287 million by Dec. 31, 2025, compared to SAR 75.56 million a year earlier.

The company's accumulated losses amounted to SAR 17.87 million as of Dec. 31, 2025, representing 26.7% of its capital.

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