A busy day on the earnings front
Companies and banks reported their 3Q earnings, with results reflecting mixed performances
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Companies and banks reported their 3Q earnings, with results reflecting mixed performances
Saudi Kayan’s net loss widened to SAR 2.3 bn in 2025, while Lumi’s net income grew 9.8% y-o-y
Kayan Petrochemical reported a SAR 336.3 mn loss in net income, while East Pipes reported SAR 158.6 mn gains
PLUS: Al Majed Oud net income falls
PLUS: Shalfa lined up SAR 75 mn credit facilities from Saudi Investment Bank
Its 1H losses narrowed to SAR 821.9 mn, from SAR 1.1 bn in 1H 2023.
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