Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) logged net profits attributable to the owners valued at SAR 7.43 million in the first quarter (Q1) of 2026, an annual hike of 41.52% from SAR 5.25 million.
The sales inched up by 0.06% to SAR 15.21 million as of 31 March 2026 from SAR 15.20 million in Q1-25, according to the interim financial results.
Likewise, the earnings per share (EPS) climbed to SAR 0.13 in Q1-26 from SAR 0.09 in the first three months (3M) of 2025.
Quarterly, SAIC turned profitable when compared to net losses of SAR 53.26 million in Q4-25.
In 2025, SAIC incurred net losses valued at SAR 162.51 million, against profits of SAR 295.06 million in 2024.
