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Sasco Swings to H1 Net Loss; Revenue Rises

MT Newswires·08/05/2026 09:30:09
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09:30 AM EDT, 08/05/2026 (MT Newswires) -- Saudi Automotive Services Co (SASE:4050), d/b/a Sasco, said Wednesday it swung to a net loss in the first half, while revenue grew year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 29.7 million riyals, compared with a net profit of 34 million riyals a year ago. Loss per share was 0.42 riyal, compared with an EPS of 0.49 riyal. The Saudi Arabia-listed car services and fuel station operator's revenue was 6.25 billion riyals, compared with 5.64 billion riyals earlier.