AYYAN Investment Posts 164.9M SAR Nine-Month Loss

Riyadh, Saudi Arabia - AYYAN Investment Company reported a sharp 164.9 million SAR net loss for the nine months ending September 30, 2026, marking a reversal from a 469.3 million SAR profit in the same period last year. The decline is primarily due to falling values of equity investments recognized in profit and loss. This resulted in a loss per share of 1.64 SAR, compared to 4.66 SAR the previous year.

Shareholders' equity dropped by 27.5% year-over-year to 780.4 million SAR, with accumulated losses reaching 27.47% of the company's capital. In Q3 alone, AYYAN recorded a 77.7 million SAR net loss attributable to shareholders, down from a 84.2 million SAR profit in the prior quarter, but still a 34.8% improvement from the 119.2 million SAR loss in the previous quarter.

Revenue also fell, with negative revenue of 67.2 million SAR for the quarter, compared to positive revenue of 88.5 million SAR a year earlier, though this decline was less severe than the 104.4 million SAR loss in the previous quarter. The main factors contributing to the loss include reduced fair values of equity investments, higher finance costs, and increased general and administrative expenses, though expenses did decrease in Q3.

The sale of its subsidiary, Al-Ahsa Food Industries Company, also impacted financial results. With accumulated losses exceeding 20% of capital, AYYAN is now subject to Tadawul's regulatory procedures for listed companies in this position, and the company has confirmed it will comply with all applicable regulations.