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Red Sea International's Q3 Attributable Net Loss Grows, Revenue Falls

MT Newswires·11/05/2026 01:03:40
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01:03 AM EST, 11/05/2026 (MT Newswires) -- Red Sea International (SASE:4230) logged 31.2 million Saudi riyals in net loss attributable to shareholders of the issuer for the third quarter, compared with a net loss of 1.7 million riyals a year ago. For the three months ended Sept. 30, revenue was 375.2 million riyals versus 986 million riyals previously, the Saudi-listed homebuilder said Thursday.