Riyadh — Mubasher: Saudi Lime Industries Company reported a net loss of SAR 1.30 million in the first half (H1) of 2026, turning from a net profit of SAR 9.96 million during the same period last year.
The company attributed the downturn to a decrease in both the quantity and value of sales, alongside rising operating costs and scheduled maintenance activities, according to a bourse filing.
Revenue decreased by 19.39% to SAR 98.78 million from the SAR 122.54 million recorded in the prior-year period.
The financial results were further impacted by an increase in expected credit loss provisions for trade receivables. These factors outweighed a reduction in general and administrative expenses and lower financing costs during the period.
Loss per share stood at SAR 0.06 in H1-26, compared to earnings per share (EPS) of SAR 0.43 a year earlier.
Total shareholders' equity, excluding non-controlling interests, decreased by 1.87% to SAR 309.85 million in H1-26 from SAR 306.74 million in H1-25.
Saudi Lime confirmed that the auditor issued an unmodified opinion on the financial statements and noted that there are no minority interests.
