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Wafrah Logs Larger H1 Loss; Revenue Declines

MT Newswires·08/11/2026 10:30:15
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10:30 AM EDT, 08/11/2026 (MT Newswires) -- Wafrah for Industry and Development Co (SASE:2100) said Tuesday net loss widened for the first half, while revenue dropped year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 33.3 million Saudi riyals, compared with 11 million riyals earlier. Loss per share moved to 1.44 riyals from 0.48 riyal. The Tadawul-listed food products manufacturer's revenue was 47.2 million riyals, compared with 66.2 million riyals a year ago.