Riyadh – Mubasher: The Arabian Company for Agricultural and Industrial Investment (Entaj) reported 63.82% year-on-year (YoY) lower net losses at SAR 12.30 million in the first half (H1) of 2026, compared to SAR 34 million.
The improvement in the bottom line was driven by a 31.81% surge in revenues, which reached SAR 885.90 million. Total shareholders' equity stood at SAR 307.70 million at the end of the period, while loss per share declined to SAR 0.41 from SAR 1.13.
In the second quarter (Q2) of 2026, the company recorded a net loss of SAR 10.90 million, down from SAR 19.60 million in the prior-year quarter. Quarterly sales rose by 39.40% to SAR 463.80 million, supported by higher sales volumes, better pricing across core business segments, and increased export activity.
Entaj also noted growing contributions from its strategic partnership with JBS (Seara).
Operating performance showed a turnaround, with a half-year operating profit of SAR 13.30 million compared to an operating loss of SAR 9.90 million a year earlier.
Despite the revenue growth, the company faced headwinds from increased domestic fuel costs and higher provisions for vital assets and expected credit losses.