Saudi Fisheries Corrects SAR 1.04M Loss in Three Months 2026
SFICO 6050.SA | 0.00 |
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-05-12 Corresponding to 1447-11-25 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | Total shareholders' equity (excluding non-controlling interests) amounted to SAR 50,287,273. |
| Correct Statement | Total shareholders' equity (excluding non-controlling interests) amounted to SAR 49,249,003. |
| Additional Information |
As the difference amounts to SAR 1,038,270, representing the first-quarter loss, this correction resulted from an unintentional data transfer error. The amount disclosed represented the total shareholders' equity balance as of 31 December 2025 (the opening balance for the period), rather than the balance as of the end of the reporting period on 31 March 2026.
We further confirm that this correction has no impact on any of the other disclosed items. The Company apologizes for this error and reaffirms its commitment to the accuracy and completeness of its disclosures. All other contents of the announcement remain unchanged |
Other Items
Saudi Fisheries Co. issued a correction announcement for its Q1 2026 interim financial results, revising total shareholders' equity (excluding non-controlling interests) from the previously reported SAR 50,287,273 to the correct amount of SAR 49,249,003. The SAR 1,038,270 difference represents the first-quarter loss and resulted from an unintentional data transfer error where the company disclosed the opening balance as of December 31, 2025 instead of the period-ending balance as of March 31, 2026. The company confirmed this correction has no impact on other disclosed items and apologized for the error while reaffirming its commitment to accurate disclosures.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96341&anCat=1&cs=6050&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.