AYYAN Investment Reports SAR 87.23M Net Loss in the Six Months 2026
AYYAN 2140.SA | 0.00 |
On 2026-07-28 08:01:08 (Saudi Time), AYYAN Investment Co. announced its Interim financial results for the six months ended on June 30, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | -103,013,816 | 26,056,213 | - | 45,592,287 | - |
| Gross Profit (Loss) | -106,118,379 | 24,055,346 | - | 43,438,191 | - |
| Operational Profit (Loss) | -110,709,447 | 18,849,266 | - | 39,162,054 | - |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -119,200,553 | 17,788,907 | - | 31,974,019 | - |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -124,736,994 | 17,788,907 | - | 31,974,019 | - |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | -57,421,529 | 35,057,641 | - |
| Gross Profit (Loss) | -62,680,188 | 30,836,785 | - |
| Operational Profit (Loss) | -71,547,393 | 19,195,321 | - |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -87,226,534 | 384,269,614 | - |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -92,762,975 | 384,269,614 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 859,551,062 | 992,022,044 | -13.353 |
| Profit (Loss) per Share | -0.87 | 3.83 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | 198,767,300 | 19.75 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
For the six-month period ending 30 June 2026, AYYAN Investment Co. reported a revenue swing to a loss of SAR -57.42 million (SAR -57,421,529 / 1,000,000 = SAR -57.42 million) from SAR 35.06 million in the same period last year, driven primarily by losses from the revaluation of the fair value of investments through profit or loss. Net loss attributable to shareholders deteriorated sharply to SAR -87.23 million from a profit of SAR 384.27 million in the prior-year period, compounded by the absence of profit from discontinued operations that had boosted the prior-year result, alongside an increase in the cost of revenues and higher financing costs, partially offset by a reduction in general and administrative expenses.
Quarter-on-Quarter Performance Drivers
QoQ revenue fell sharply from SAR 45.59 million (prior quarter: 45,592,287 ÷ 1,000,000 = SAR 45.59 million) to SAR -103.01 million (−103,013,816 ÷ 1,000,000), driven by losses from the revaluation of the fair value of investments through profit or loss. Net profit also swung from SAR 31.97 million to a net loss of SAR -119.20 million QoQ, attributable to the decline in revenue, an increase in the cost of revenue, and higher financing costs.
Other Items
The external auditor issued an unmodified conclusion with no additional comments or reservations noted. Accumulated losses stood at SAR 198,767,300, representing 19.75% of capital. Total shareholders' equity (after deducting minority equity) declined by 13.353% to SAR 859,551,062 from SAR 992,022,044 in the same period of the prior year. Loss per share for the current period was SAR -0.87, compared to a profit of SAR 3.83 in the same period of the previous year. Some comparative figures have been reclassified to conform to the current period's presentation.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97013&anCat=1&cs=2140&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.