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Development Works Food Co Swings to H1 Net Loss; Revenue Down

MT Newswires·08/11/2026 10:11:05
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10:11 AM EDT, 08/11/2026 (MT Newswires) -- Development Works Food Co (SASE:6013) on Tuesday reported a net loss for the first half as revenue fell year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 1.7 million Saudi riyals, compared with a profit of 2.5 million riyals earlier. Loss per share was 0.58 riyal, compared with EPS of 0.84 riyal previously. The Tadawul-listed restaurant operator's revenue was 47.8 million riyals, compared with 55.9 million riyals a year ago.