As many Saudi-listed companies incur chronic losses, they have to restructure their capital to offset accumulated losses – a matter that might occur more than once for some companies.
Argaam, in this report, tracks the biggest loss-making companies in the Saudi market over three, five, seven and ten-year periods, based on the number of quarters when net losses are incurred excluding one-off items.
Following is the order of loss-making companies by number of quarters:
For a 10-year period:
For a 7-year period:
For a 5-year period:
For a 3-year period:
More detailed lists of Top Losing Companies are provided as part of the “Argaam Tools” service. These lists are regularly updated after disclosure of each financial result (namely more than 800 times a year).
Argaam visitors can view the full statements here:
