send to a friend by email

SANAD realizes net loss of $0.23 million in H1 2023

2023-08-15

According to the financial statements of Sanad Construction Resources SANAD for the first half of 2023, Net Loss after tax of the period reached (227,072) USD Compared with Net Loss after tax (2,992,983) USD for 2022, a net decrease in loss of 92.41%.Total assets of the company reached 81,783,728 USD compared with total assets of 96,372,861 USD at the end of year 2022, a net decrease of 15.14%.Total liabilities of the company reached 29,774,539 USD compared with total liabilities of 44,136,600 USD at the end of year 2022, a net decrease of 32.54%. Net ownership equity of the company reached 52,009,189 USD (Including Non-Controlling Interests of 0 USD) compared with total owner equity of 52,236,261 USD (Including Non-Controlling Interests of 0 USD) at the end of year 2022, a net decrease of 0.43%.