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SANAD realizes net loss of $0.21 million in Q1 2025

2025-05-18

According to the financial statements of Sanad Construction Resources SANAD for the 1st Quarter of 2025, Net Loss after tax of the period reached (210,460) USD Compared with Net Loss after tax (2,032,946) USD for 2024, a net decrease in loss of 89.65%.Total assets of the company reached 58,143,058 USD compared with total assets of 59,489,886 USD at the end of year 2024, a net decrease of 2.26%.Total liabilities of the company reached 18,675,269 USD compared with total liabilities of 19,811,637 USD at the end of year 2024, a net decrease of 5.73%. Net ownership equity of the company reached 39,467,789 USD (Including None-Controlling Interests of 0 USD) compared with total owner equity of 39,678,249 USD (Including None-Controlling Interests of 0 USD) at the end of year 2024, a net decrease of 0.53%.