Riyadh — Mubasher: Pan Gulf Marketing Company shifted to a net loss of SAR 12.31 million in the first half (H1) of 2026, reversing a net profit of SAR 1.53 million in H1-25.
The company attributed the downturn to a sharp decrease in sales and the resulting impact on the bottom line, according to a bourse filing.
Revenue decreased by 19.81% to SAR 128.01 million in H1-26, compared to SAR 159.63 million in the prior-year period.
Pan Gulf Marketing stated that sales were negatively impacted by indirect effects of regional geopolitical developments, which caused logistical challenges and supply chain delays.
These disruptions affected product availability and delayed the execution of orders and projects across the group's markets.
The company also noted that demand for school-related products weakened as several regional markets shifted to remote learning during part of the period.
Loss per share stood at SAR 1.64, compared to earnings per share (EPS) of SAR 0.20 in the previous year.
Total shareholders' equity decreased by 9.21% to SAR 73.06 million in H1-26 from SAR 80.47 million in H1-25.
Pan Gulf Marketing is currently implementing operational initiatives to strengthen supply chain resilience and support future sales growth.
