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SAIC Swings to Q3 Attributable Net Loss

MT Newswires·11/09/2026 01:52:22
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01:52 AM EST, 11/09/2026 (MT Newswires) -- Saudi Advanced Industries Co. (SASE:2120), d/b/a SAIC, logged 9.9 million Saudi riyals in net loss attributable to shareholders for the third quarter, compared with a net profit of 890,000 riyals a year ago, a Monday filing showed. For the three months ended Sept. 30, the Saudi Arabia-listed investment company reported negative revenue of 2.1 million riyals. Revenue stood at 9.8 million riyals in the same quarter a year ago.