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Maadaniyah Posts Smaller H1 Attributable Loss; Revenue Down

MT Newswires·08/09/2026 04:47:34
語音播報
04:47 AM EDT, 08/09/2026 (MT Newswires) -- National Metal Manufacturing and Casting Co. (SASE:2220), d/b/a Maadaniyah, said Sunday that its loss for the first half of 2026 narrowed, while its revenue fell year over year. Loss attributable to shareholders of the issuer for the six months ended March 31 was 7.7 million Saudi riyals, compared with a loss of 8.6 million riyals earlier. Loss per share moved to 0.22 riyal from a loss per share of 0.24 riyal. The Saudi Arabia-listed metal engineering products manufacturer's revenue was 88.8 million riyals, compared with 134 million riyals a year ago.