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Naseej International Trading Swings to H1 Loss; Revenue Tumbles

MT Newswires·08/11/2026 01:34:33
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01:34 AM EDT, 08/11/2026 (MT Newswires) -- Naseej International Trading Co. (SASE:1213) on Tuesday reported a loss for the first half, while revenue dropped year over year. Net loss attributable to shareholders for the six months ended June 30 was 25.4 million Saudi riyals, compared with a profit of 7.7 million riyals earlier. Loss per share moved to 2.33 riyals from an EPS of 0.7 riyal. The Saudi-listed carpet, rugs, and industrial yarns manufacturer's revenue was 8.5 million riyals, compared with 45.6 million riyals a year ago.