Shams Posts Higher H1 Attributable Loss; Revenue Declines

01:59 AM EDT, 08/10/2026 (MT Newswires) -- Tourism Enterprise Co. (SASE:4170), d/b/a Shams, on Monday reported a wider attributable loss for the first half, while revenue dropped year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 6.5 million Saudi riyals, compared with 3 million riyals earlier. Loss per share moved to 0.113 riyal from 0.053 riyal. The Saudi Arabia-listed hospitality company's revenue was 4.1 million riyals, compared with 4.9 million riyals a year ago.