AI Summary
- AYYAN Investment Co. reported a net loss of SAR 119.2 million for the second quarter of 2026, a sharp decline compared to a net profit of SAR 17.8 million in the same quarter of the previous year and SAR 31.9 million in the preceding quarter.
- Revenue for the quarter fell to a negative SAR 103.0 million, driven primarily by significant losses resulting from the revaluation of the fair value of investments through profit or loss.
- The six-month performance for the period ending June 30, 2026, resulted in a net loss of SAR 87.2 million, weighed down by higher financing costs, an increase in the cost of revenue, and the absence of profits from discontinued operations that had bolstered the previous year’s comparative figures.
- The company’s financial position reflects accumulated losses of SAR 198.8 million, representing 19.75% of its capital, while total shareholders' equity (excluding minority interests) decreased by 13.35% year-over-year to SAR 859.6 million.
Full text is available on the exchange website.