Photo Archive

Fitaihi Holding Group’s profits shrink 96.5% in 9M-26

FITAIHI GROUP
4180
1.61% 1.89 0.03

Riyadh – Mubasher Fitaihi Holding Group reported a net loss of SAR 2.87 million for the third quarter (Q3) of 2026, an annual leap of 53.61% from SAR 1.87 million.

The company attributed the widening loss primarily to an 18.70% drop in sales and the absence of dividend income from equity instruments during the period.

The revenues fell to SAR 10.62 million in Q3-26, down 5.45% from SAR 11.24 million in Q3-25.

On a quarterly basis, the performance shifted from a net profit of SAR 7.38 million in Q2-26 to the current loss, as revenues dropped by 49.16% from SAR 20.90 million.

In the first nine months (9M) of 2026, the group’s net profits hit SAR 157,390, a sharp 96.41% decline from SAR 4.39 million.

Total comprehensive income for the nine-month period stood at SAR 3.94 million, while total shareholders' equity increased by 1.41% to reach SAR 481.10 million.

Earnings per share (EPS) dropped to SAR 0.001 from SAR 0.016 a year earlier.


Source: Mubasher Source: {{details.article.source}}