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SANAD realizes net loss of $1.72 million in H1 2025

2025-08-17

According to the financial statements of Sanad Construction Resources SANAD for the first half of 2025, Net Loss after tax of the period reached (1,721,622) USD Compared with Net Loss after tax (3,567,958) USD for 2024, a net decrease in loss of 51.75%.Total assets of the company reached 55,051,667 USD compared with total assets of 59,489,886 USD at the end of year 2024, a net decrease of 7.46%.Total liabilities of the company reached 17,095,040 USD compared with total liabilities of 19,811,637 USD at the end of year 2024, a net decrease of 13.71%. Net ownership equity of the company reached 37,956,627 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 39,678,249 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2024, a net decrease of 4.34%.