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Jahez International Swings to H1 Net Loss; Revenue Up

MT Newswires·08/10/2026 01:47:35
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01:47 AM EDT, 08/10/2026 (MT Newswires) -- Jahez International Co. for Information System Technology (SASE:6017) said Monday that it swung to a net loss in the first half, while revenue rose year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 26.6 million Saudi riyals, compared with a net profit of 58.9 million riyals a year ago. Loss per share was 0.13 riyal, compared with an EPS of 0.29 riyal. The Saudi Arabia-listed lifestyle technology platform operator's revenue was 1.49 billion riyals, compared with 1.09 billion riyals earlier.