“Naseej” records losses during Q3 of 9.7 million riyals

Naseej International Trading Company recorded a net loss during the third quarter of 9.7 million riyals compared to a profit of 1.13 million riyals in the same quarter last year, following the announcement today of the preliminary financial results for the period ending September 30, 2024 (nine months).

The operating loss amounted to 5.4 million riyals in the third quarter compared to a profit of 3.7 million riyals in the same quarter of the previous year.

The company also recorded a net loss during the 9-month period of 24.2 million riyals compared to a profit of 5.8 million riyals in the same period last year

The loss per share in the current period reached 2.22 riyals compared to a profit of 0.53 riyals in the same period last year.