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Saudi Fisheries continues to post losses, capital losses reach 38 percent

Press Room by Press Room
August 24, 2022
in Finance
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Dammam, Saudi Arabia-based Saudi Fisheries Co. (SFC) has announced that despite a significant increase in sales revenue, the company posted net losses for H1 2022.  

SFC’s interim financial results filing to the Saudi Stock Exchange on 22 August, 2022 indicates the company posted sales of SAR 29.3 million (USD 7.81 million, EUR 7.84 million) up 34 percent from the SAR 21.8 million (USD 5.81 million EUR 5.83 million) for a similar period in…



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