Riyadh – Mubasher: Sinad Holding Company posted net losses of SAR 15.70 million during the first quarter (Q1) of 2026.
The losses incurred during January-March 2026 deepened by 481.48% from SAR 2.70 million in Q1-25, according to the income statements.
The loss per share increased to SAR 0.12 in Q1-26 when compared to SAR 0.02 in Q1-25.
Meanwhile, the company generated revenue worth SAR 432.40 million in Q1-26, signaling a rise of 5.72% from SAR 409 million.
On a quarterly basis, the net losses in Q1-26 widened by 80.45% from SAR 8.70 million in October-December 2025.
In addition, the revenue registered in the January-March quarter slightly grew by 0.98% from SAR 428.20 million in Q4-25.
In 2025, Sinad Holding incurred net losses worth SAR 14.80 million and revenue of SAR 1.69 billion.
