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Saudi Arabia's Meyar Books Higher H1 Attributable Net Loss; Revenue Falls

MT Newswires·08/31/2026 01:29:36
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01:29 AM EDT, 08/31/2026 (MT Newswires) -- Meyar (SASE:9565) said Monday its attributable net loss for the first half widened, while revenue declined year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 4.1 million Saudi riyals, compared with 320,000 riyals a year ago. Loss per share moved to 3.1 riyals from 0.24 riyal. The Saudi Arabia-listed cement blocks and bricks manufacturer's revenue was 33.1 million riyals, compared with 39.7 million riyals earlier.