SAIC Posts SAR 115 Mln Loss in Q2

The Saudi Advanced Industries Co. (SAIC) reported on Monday a net loss of SAR 115 million in the second quarter of 2025, compared with a profit of SAR 109 million a year earlier.

Operational loss was SAR 112 million, versus an operating profit of SAR 115 million in the same quarter last year.

The Company posted a loss of SAR 110 million for the first half of 2025, compared with a profit of SAR 217 million a year earlier.

Loss per share for the period was SAR 1.87, compared with earnings of SAR 3.68 a year earlier.