Saudi Ceramics Posts SAR 79.6 Million Loss for 2024, Down 67% 

Saudi Ceramics Co. announced on Tuesday that it recorded losses of SAR 79.6 million by the end of 2024, compared to losses of SAR 237 million last year, down 67%. This came after the announcement today of the preliminary financial results for the duration ending Dec. 31, 2024.

The operational loss amounted to SAR 83 million by the end of 2024, compared to losses of SAR 271 million last year, marking a 69% decline.

The equity (after excluding non-controlling interests) in the current year amounted to SAR 1.42 billion, compared to SAR 1.5 billion last year, down 5%.

The loss per share in the current year amounted to SAR 0.8, compared to losses of SAR 2.33 last year.