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SANAD realizes net loss of $7.16 million in 2024

2025-02-18

According to the financial statements of Sanad Construction Resources Company SANAD for the year 2024, Net Loss after tax of the period reached (7,160,517) USD Compared with Net Loss after tax (5,031,424) USD for 2023, a net increase in loss of 42.32%.Total assets of the company reached 59,855,957 USD compared with total assets of 73,180,238 USD at the end of year 2023, a net decrease of 18.21%.Total liabilities of the company reached 19,811,637 USD compared with total liabilities of 25,975,401 USD at the end of year 2023, a net decrease of 23.72%. Net ownership equity of the company reached 40,044,320 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 47,204,837 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2023, a net decrease of 15.17%.